Inclusive Growth (IGx)
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- Inclusive Growth (IGx)
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Bibliographic details
- Session: OL 23.158
- Location: Course conducted online
- Dates: May 15, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed
Training program overview
- Offered by the IMF's Institute for Capacity Development as an online training course.
- Session No.: OL 23.158.
- Location: Course conducted online.
- Date: May 15, 2023 - April 15, 2024 (50 weeks).
- Delivery Method: Online Training.
- Primary Language: English.
- Deadline passed.
Target audience and qualifications
- Target Audience:
- Mid-level to senior officials involved in economic and strategic planning; monitoring and evaluating policy strategies for reducing poverty and inequality; and promoting job creation.
- Qualifications:
- Participants are expected to have a degree in economics or equivalent experience.
- Access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.
Course description — scope and approach
- Purpose:
- Broaden participants' understanding of the relationship between macroeconomic policies and reforms, competitiveness, and growth.
- Context:
- Responds to concerns about poor growth prospects, high unemployment, and inequities in income and opportunities.
- Analytical approaches:
- Examines micro and macro policies to promote economic growth, employment growth and equitable income distribution.
- Addresses traditional approaches emphasizing capital accumulation and productivity growth through knowledge acquisition.
- Addresses recent non-aggregative approaches emphasizing misallocation of resources and imperfections in credit and government institutions.
- Interprets empirical links between growth, employment and income distribution in light of these different models.
- Policy focus:
- Highlights critical policies that translate economic growth into poverty reduction and broad-based improvements in living standards.
- Methods:
- Draws on theory, cross-country empirical studies, and case studies of experiences in several regions.
- Country case studies are adapted to the region where the course is being delivered to increase relevance.
Key topics and practical components
- Key topics the course will cover include:
- (i) employment-growth linkages;
- (ii) impact of policies, institutions, and regulations on employment and growth;
- (iii) strategies for fostering inclusive growth.
- Workshops:
- Apply empirical and spreadsheet-based tools to analyze poverty and inequality measures and unemployment trends.
- Analyze the employment impact of labor market policies.
- Discuss and analyze the impact of macro policies on equality, employment, and growth in participants' own countries.
Course objectives — learning outcomes
- Upon completion of the course, participants should be able to:
- Define the concept of inclusive growth and its many dimensions, outline a framework to systematically analyze inclusive growth issues, and establish the links between growth and inclusion.
- Measure the extent to which a country has achieved inclusive growth, by using a wide range of indicators.
- Explain the role of fiscal policy in supporting inclusive growth and highlight best practices for designing tax policies and expenditure programs to foster inclusion.
- Assess inclusiveness of the labor market, including from a gender perspective; describe how advances in technology may affect inclusion in the labor market; and examine labor market and gender-related policies and their implementation challenges and trade-offs.
- Explain why good governance is important for inclusive growth, select key indicators to measure the quality of governance and summarize the policies to improve it.
- Identify the key risks to sustainable and inclusive growth related to climate change; design the most appropriate policy mix to address climate change mitigation and adaptation.
References