Inclusive Growth - Concepts and Indicators (IGx-CI)

Source details

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.

Introduces concepts and dimensions of inclusive growth and the broader set of goals that policy makers should be concerned about.
Reviews important theories and evidence on which policies can help boost growth.
Determines whether growth helps to reduce poverty and whether there is a trade-off between raising growth and reducing inequality.
Second half of the course focuses on measuring inclusiveness:
- Starts with the most disadvantaged groups in how to measure poverty and then expands to other income groups to measure inequality.
- Analysis focuses on monetary indicators of inclusiveness, income, and consumption levels.
Also considers non-monetary dimensions of welfare, such as health and education levels.

Upon completion of this course, participants should be able to:

Define inclusive growth and its many dimensions, distinguishing between outcomes and opportunities.
Identify the linkages between growth, poverty and inequality.
Discuss the merits and shortcomings of the above measures.
Summarize an overall framework of inclusive growth and provide an overall diagnosis for a country to prioritize policy action.
Define and calculate indices of poverty and inequality, including growth incidence curves.
Identify indicators of inclusiveness that are non-income-based and explain multi-dimensional social welfare measures.