Home Previous Next

The Inclusive Growth and Development Report

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?

Sub-pillars measured:

Access
Quality
Equity

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?

Sub-pillars measured:

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?

Sub-pillars measured:

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?

Sub-pillars measured:

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?

Sub-pillars measured:

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?

Sub-pillars measured:

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?

Sub-pillars measured:

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.