The Inclusive Growth and Development Report 2015
Around the world, no bigger policy challenge preoccupies leaders than expanding social participation in the process and benefits of economic growth. The report, which covers 112 economies, seeks to improve our understanding of how countries can use a diverse spectrum of policy incentives and institutional mechanisms to make economic growth more socially inclusive without dampening incentives to work, save and invest.
Inclusive Growth and Development Framework and Cross-Country Benchmarking Tool
Pillar 1 Education and Skills Development
To what extent does the country create an enabling environment which provides high quality education and the equal/broad participation of all members of society including vulnerable or marginalized groups (e.g. low-income individuals and women)?
To what extent is education accessible, of high quality, and inclusive in terms of attainment and learning outcomes?
Pillar 2 Employment and Labor Compensation
To what extent is the country succeeding in fostering widespread economic opportunity in the form of robust job creation, broad labor force participation and decent working conditions?
How well does its enabling environment support a close correlation between growth in the productivity and compensation of labor, helping to ensure that a rising tide lifts all boats?
- Productive Employment
- Wage and Non-wage Labor Compensation
Pillar 3 Asset Building and Entrepreneurship
To what extent is the enabling environment conducive to broad-based asset accumulation and employment- and productivity-enhancing entrepreneurship?
- Small Business Ownership
- Home and Financial Asset Ownership
Pillar 4 Financial Intermediation of Real Economy Investment
To what extent are private savings being channelled to productive purposes and generating new capital formation in the real economy?
- Financial System Inclusion
- Intermediation of Business Investment
Pillar 5 Corruption and Rents
To what extent do the country’s policies and institutions foster broad-based economic opportunity and efficient allocation of resources through zero tolerance of bribery and corruption, low barriers to entry, and fair competition in product and capital markets?
- Business and Political Ethics
- Concentration of Rents
Pillar 6 Basic Services and Infrastructure
To what extent does a country provide its citizens with a core, common endowment of infrastructure and other basic services that enable productive engagement in the economy and provide often budget-relieving and quality-of-life-enhancing contributions to their standard of living?
- Basic and Digital Infrastructure
- Health-related Services and Infrastructure
Pillar 7 Fiscal Transfers
To what extent does a country’s tax system countervail income inequality without undermining economic growth? How much of its tax burden falls on labor, capital, and consumption relative to its peers?
To what extent are a country’s public social protection systems engaged in mitigating poverty, vulnerability, and marginalization?
- Tax Code
- Social Protection
The leaf provides a snapshot of country-level performance and enabling environment conditions across the seven key dimensions in the framework. The length and color of each leaflet provide an indication of how well a country’s policies and institutions foster inclusive growth relative to peers at a similar level of economic development.
Hover over the leaves for a description of each pillar.
Inclusive growth is about both the process and outcomes of growth and the extent to which this growth translates into broad-based improvements in living standards, touching all citizens rather than a fortunate few.
There is a broad spectrum of actions that can be taken to foster inclusive growth. This tool aims to help spotlight and prioritize opportunities for improvement within countries by strengthening institutions and incentives.