## Generational Aspects of Inclusive Growth

_IMF Working Papers, March 12, 2021_

## Source details

**Canonical URL:** [Generational Aspects of Inclusive Growth](https://www.imf.org/en/publications/wp/issues/2021/03/12/generational-aspects-of-inclusive-growth-50162)

## Other formats

- [Markdown version](/en/publications/wp/issues/2021/03/12/generational-aspects-of-inclusive-growth-50162/index.md)
- [Structured JSON version](/en/publications/wp/issues/2021/03/12/generational-aspects-of-inclusive-growth-50162/index.json)
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## Bibliographic details
- Authors: Benedicte Baduel, Asel Isakova, Anna Ter-Martirosyan
- Published: March 12, 2021
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781513572642.001

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### Overview
- Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations.
- At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years.
- Broad-based policies should aim to foster youth integration into the labor market and ensure adequate income and health care support for the elderly.
- Turning to the intergenerational dimension, everyone should have the same chances in life, regardless of their family background.
- Policies that promote social mobility include improving access to high-quality care and education starting from a very early age, supporting lifelong learning, effective social protection schemes, and investing in infrastructure and other services to reduce spatial segregation.

### Key Findings
- Youth and elderly are particularly vulnerable to poverty relative to adults in their middle years.
- Inequitable sharing of economic benefits across generations undermines inclusive growth.
- Intergenerational mobility is constrained by family background and unequal access to early-life care and education.

### Policy Recommendations
- Foster youth integration into the labor market.
- Ensure adequate income and health care support for the elderly.
- Improve access to high-quality care and education starting from a very early age.
- Support lifelong learning initiatives.
- Implement effective social protection schemes.
- Invest in infrastructure and other services to reduce spatial segregation.

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## Content in this bundle

- **Working Paper**
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_Source: https://www.imf.org/en/publications/wp/issues/2021/03/12/generational-aspects-of-inclusive-growth-50162_