The Political Economy of Inclusive Growth: A Review

Author/Editor:

Barbara Dutzler ; Simon Johnson ; Priscilla S Muthoora

Publication Date:

March 19, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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

Frequency:

regular

English

Publication Date:

March 19, 2021

ISBN/ISSN:

9781513574189/1018-5941

Stock No:

WPIEA2021082

Format:

Paper

Pages:

40

Please address any questions about this title to publications@imf.org