{
  "title": "Inclusive Growth=Stability",
  "publication": "IMF Blog, January 12, 2015",
  "sourceUrl": "https://www.imf.org/en/blogs/articles/2015/01/12/inclusive-growthstability",
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  "summary": "\"In the end, the case for job rich, inclusive growth is not economic, it’s political, according to Nobel prize-winning economist Michael Spence.\"",
  "sections": [
    {
      "heading": "Core thesis",
      "content": "- \"In the end, the case for job rich, inclusive growth is not economic, it’s political, according to Nobel prize-winning economist Michael Spence.\"\n- Spence: \"The stability of economies and their ability to function depends on inclusiveness. If people are excluded they will object.\""
    },
    {
      "heading": "Role of inclusive growth for global stability",
      "content": "- \"As countries around the world continue to pull themselves up and out of the Great Recession, inclusive growth is a key factor to stabilize the global economy.\"\n- Emphasis on job-rich growth as central to political legitimacy and economic stability."
    },
    {
      "heading": "Public investment and policy directions",
      "content": "- Spence discusses \"the kinds of public sector investments, like infrastructure, which can help a country’s economy grow.\"\n- Country examples cited:\n  - \"China has been very good at this\"\n  - \"India’s had its ups and downs\""
    },
    {
      "heading": "Media and access",
      "content": "- Podcast interview with Michael Spence available on the IMF site.\n- Embedded SoundCloud track referenced: \"https://api.soundcloud.com/tracks/185108659\" (embed parameters present in source).\n\nIMF blog — Inclusive Growth=Stability, January 12, 2015\n\n---\n\n\n References\n\n- podcast\n\nSource: https://www.imf.org/en/blogs/articles/2015/01/12/inclusive-growthstability"
    }
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    "Published: January 12, 2015",
    "\"In the end, the case for job rich, inclusive growth is not economic, it’s political, according to Nobel prize-winning economist Michael Spence.\"",
    "Spence: \"The stability of economies and their ability to function depends on inclusiveness. If people are excluded they will object.\"",
    "\"As countries around the world continue to pull themselves up and out of the Great Recession, inclusive growth is a key factor to stabilize the global economy.\"",
    "Emphasis on job-rich growth as central to political legitimacy and economic stability.",
    "Spence discusses \"the kinds of public sector investments, like infrastructure, which can help a country’s economy grow.\"",
    "Country examples cited:",
    "Podcast interview with Michael Spence available on the IMF site.",
    "Embedded SoundCloud track referenced: \"https://api.soundcloud.com/tracks/185108659\" (embed parameters present in source).",
    "[podcast](http://www.imf.org/external/pubs/ft/survey/so/SinglePodcastHighlight.aspx?podcastid=331)"
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