- Publisher: OECD
From the Executive Summary: "Inclusive Growth, which is a new approach to economic growth that aims to improve living standards and share the benefits of increased prosperity more evenly across social groups, has become a major challenge for many countries around the world. This objective is particularly relevant in high income countries and emerging market economies, where income inequality has reached levels unprecedented in the post-war period. Inequalities in other non-income outcomes, including educational attainment, health conditions and employment opportunities, have become important determinants of growth and well-being. Inequality of income and opportunity undermines growth prospects in the long term. Addressing the multidimensional nature of inequality and its impacts on different segments of the population matters for sustainable economic growth. Therefore, fostering Inclusive Growth is an important part of a pro-growth agenda."