The World Economic Forum’s System Initiative on Shaping the Future of Economic Growth and Social Inclusion aims to accelerate public-private collaboration towards more competitive and inclusive economies around the world. The Inclusive Growth and Development Report 2017 integrates the insights, ideas and contributions of many individuals whose input has made this Report far richer.

The project was led at the World Economic Forum by Gemma Corrigan and The Inclusive Growth and Development Report 2017 team including Jennifer Blanke, Margareta Drzeniek Hanouz, Stefan Hall and Aditi Sara Verghese. The team is also grateful to Roberto Crotti, Jonathan Eckart and Thierry Geiger, as well as the wider Competitiveness and Risks team for their ongoing work within the System Initiative on Shaping the Future of Economic Growth and Social Inclusion. Finally, we would also like to thank Charlie Samuda, Masters in Public Policy Candidate at the Harvard Kennedy School, for his collaboration with the team.

The World Economic Forum would particularly like to thank the following individuals and organizations for their guidance, input and support in the development of this Report. Within the advisory groups listed below, those denoted with a * deserve special mention for their help in advancing the Key Performance Indicators. Here, we also wish to recognize Ailish Campbell, Claude Lavoie and Julie Turcotte, all of the Department of Finance of Canada, as well as Nisha Chatani-Rizvi, from the United Nations Population Fund, and Vedant Walia, from Barclays.

Contributing Authors 

• Box 1: Benoit Kalasa and Michael Herrmann, United Nations Population Fund
• Box 2: Dr. Jan Mischke, McKinsey Global Institute
• Box 3: Patrick Belser and Christina Behrendt, International Labor Organization
• Box 4: Shaping the Future of Economic Growth and Social Inclusion Initiative Team, World Economic Forum
• Box 5: Gabriela Ramos and Shaun Reidy, Organisation for Economic Co-operation and Development
• Box 6: Shaping the Future of Economic Growth and Social Inclusion Initiative Team, World Economic Forum 
• Box 7: William Francis Morneau, Department of Finance of Canada
• Box 8: Jonathan Ostry, International Monetary Fund
• Box 9: Marc Bacchetta, Alexander Keck, Coleman Nee, Roberta Piermartini and Robert Teh, World Trade Organization
• Box 10: Daria Taglioni, World Bank
• Box 11: Mary Snapp, Microsoft Philanthropies
• Box 12: Emily Fry, Mark Thain and Vedant Walia, Barclays

Shaping the Future of Economic Growth and Social Inclusion Stewardship Board

• Akinwumi Ayodeji Adesina, President, African Development Bank 
• Platon Antoniou, Photographer, The People’s Portfolio
• Winnie Byanyima, Executive Director, Oxfam International
• Alicia Bárcena Ibarra, Executive Secretary, United Nations Economic Commission for Latin America and the Caribbean 
• *John Evans, General Secretary, Trade Union Advisory Committee to the OECD
• Claver Gatete, Minister of Finance and Economic Planning, Ministry of Finance and Economic Planning of Rwanda
• Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development 
• Ricardo Hausmann, Director, Center for International Development, Harvard Kennedy School of Government
• Richard Haythornthwaite, Chairman, MasterCard
• Werner Hoyer, President, European Investment Bank 
• Badr Jafar, Chief Executive Officer, Crescent Enterprises
• Jean Lebel, President, International Development Research Centre 
• Nora Lustig, Samuel Z. Stone Professor of Latin American Economics; Director, Commitment to Equity, Tulane University
• Azman Mokhtar, Managing Director, Khazanah Nasional Berhad
• William Francis Morneau, Minister of Finance, Department of Finance of Canada
• Babatunde Osotimehin, Executive Director, United Nations Population Fund 
• Charlotte Petri Gornitzka, Director-General, Swedish International Development Cooperation Agency
• Xavier Sala-i-Martin, Professor, Economics Department, Columbia University
• Benedikt Sobotka, Chief Executive Officer, Eurasian Resources Group
• *A. Michael Spence, William R. Berkley Professor in Economics and Business, NYU Stern School of Business
• Gene B. Sperling, Founder and Advisory Board Chair, Center for Universal Education, The Brookings Institution
• James Staley, Chief Executive Officer, Barclays
• *Joseph E. Stiglitz, Professor, School of International and Public Affairs, Columbia University
• Stanley M. Bergman, Chairman of the Board and Chief Executive Officer, Henry Schein Inc.
• *Stewart Wallis, Senior Advisor, New Economics Foundation
• Lynette Wallworth, Artist, Studio Wallworth
• Mark Weinberger, Global Chairman and Chief Executive Officer, EY
• Justin Welby, Archbishop of Canterbury, Lambeth Palace

Shaping the Future of Economic Growth and Social Inclusion Senior Working Group

• Ruchi Bhowmik, Director, Strategic Initiatives, Office of the Chairman, EY
• Diane Eshleman, Managing Director and Global Head, Citizenship and Reputation, Barclays
• Deborah Goldfarb, Managing Director, Head of Global Community Investment / Philanthropy, Barclays
• *Michaela Grimm, Senior Economist, Allianz SE
• Arjan de Haan, Program Leader, Inclusive Growth, International Development Research Centre (IDRC)
• *Lori Harnick, General Manager, Citizenship and Public Affairs, Microsoft Corporation
• *Harriet Jackson, General Director, Economic and Fiscal Policy Branch, Department of Finance of Canada
• *Benoit Kalasa, Director of the Technical Division, United Nations Population Fund (UNFPA)
• Lamia Kamal-Chaoui, Senior Advisor to the Secretary-General, Organisation for Economic Co-operation and Development (OECD)
• Nicholas Khaw Hock-Lu, Assistant Vice President, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
• Edward Lauer, Head of Portfolio Development, Eurasian Resources Group Sàrl (ERG)
• Max Lawson, Head of Global Policy and Campaigns, Oxfam International
• Gerard Meuchner, Chief Global Communications Officer, Henry Schein, USA
• Estuardo Moran, CEQ Institute, Tulane University
• Jack Palmer, Adviser, Social and Public Affairs, Office of the Archbishop of Canterbury
• Bettina Schaller, Head, Group Public Affairs, Adecco Group
• True Schedvin, Chief Economist, Swedish International Development Cooperation Agency (Sida)
• Abebe Shimeles, Acting Director, Development Research Department, African Development Bank, African Development Bank (AfDB)
• Shamina Singh, President, MasterCard Center for Inclusive Growth, MasterCard
• Tushar Singhvi, Vice-President, Corporate Development and Investments, Crescent Enterprises
• Romain Zivy, Deputy Chief of Office, United Nations Economic Commission for Latin America and the Caribbean (ECLAC)

Global Future Council on Shaping the Future of Economic Growth and Social Inclusion

• Diana Farrell, Chief Executive Officer and President, JPMorgan Chase Institute (Co-Chair)
• Frannie Léautier, Senior Vice-President, African Development Bank (Co-Chair)
• Yonatan Adiri, Founder and Chief Executive Officer, Healthy.io
• Ruchi Bhowmik, Director, Strategic Initiatives, Office of the Global Chairman and Chief Executive Officer, EY
• Martin Burt, Founder and Chief Executive Officer, Fundación Paraguaya
• Vincent Chin, Senior Partner and Managing Director, The Boston Consulting Group 
• Diane Coyle, Professor, University of Manchester
• Shanthi Flynn, Chief Human Resources Officer, Adecco Group
• Simón Gaviria Muñoz, Minister of National Planning, National Planning Department of Colombia
• Sergei Guriev, Chief Economist, European Bank for Reconstruction and Development 
• Tom Hulme, General Partner, Google Ventures
• Mohamad Al-Ississ, Director, Economic and Social Development Office of His Majesty King Abdullah
• Fu Jun, Academic Dean and Professor, School of Nannan, Peking University
• Caroline Kende-Robb, Executive Director, Africa Progress Panel 
• Danny Leipziger, Managing Director, The Growth Dialogue
• Achankeng Leke, Director, McKinsey & Company
• Abdulla Nasser Lootah, Director-General, The Federal Competitiveness and Statistics Authority 
• Catherine Mann, Chief Economist and G20 Finance Deputy, Organisation for Economic Co-operation and Development 
• Linah K. Mohohlo, Governor and Chairman of the Board, Bank of Botswana
• Dambisa Moyo, Author
• Jonathan D. Ostry, Deputy Director, Research Department, International Monetary Fund 
• Edmund S. Phelps, Director, The Center on Capitalism and Society, Columbia University
• Douglas A. Rediker, Non-Resident Senior Fellow, The Brookings Institution
• Shamina Singh, President, Mastercard Center for Inclusive Growth, Mastercard
• Tushar Singhvi, Vice-President, Corporate Development and Investments, Crescent Enterprises
• Helle Thorning-Schmidt, Chief Executive Officer, Save the Children International
• Lord J. Adair Turner, Chairman, The Institute for New Economic Thinking of Jordan
• Maya Tudor, Associate Professor in Public Policy, Blavatnik School of Government, University of Oxford, United Kingdom (Fellow)

We thank Madhur Singh and Andrew Wright for their editing work and Human After All, Moritz Stefaner and Tim Bruce (Lowercase, Inc.) for their excellent graphic design and layout. 

Online report by Design Resources Ltd

The terms “country” and “nation” as used in this Report do not in all cases refer to a territorial entity that is a state as understood by international law and practice. The terms cover well-defined, geographically self-contained economic areas that may not be states but for which statistical data are maintained on a separate and independent basis.