The Political Economy of Inclusive Growth: A Review
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Summary:
In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract to make growth more inclusive and discuss some of its broad elements.
Series:
Working Paper No. 2021/082
Subject:
Economic growth Economic sectors Expenditure Financial crises Fiscal redistribution Inclusive growth Income Income inequality National accounts
Frequency:
regular
English
Publication Date:
March 19, 2021
ISBN/ISSN:
9781513574189/1018-5941
Stock No:
WPIEA2021082
Pages:
40
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