Promoting High, Sustainable and Inclusive Growth During the ‘New Normal’

23 Pages Posted: 17 Jul 2014 Last revised: 8 Sep 2014

See all articles by Ronald U. Mendoza

Ronald U. Mendoza

Ateneo De Manila University - Ateneo School of Government

Jean Rebecca Labios

Asian Institute of Management

Monica Melchor

Asian Institute of Management - Policy Center

Date Written: August 1, 2014

Abstract

Much more sober economic growth prospects are expected to characterize the world’s largest industrial countries, under what some experts call the “new normal”. Recent global economic reports acknowledge that the era of high economic expansion could be over; and that even as industrial countries are showing signs of growth, there are still challenging times ahead. New drivers of growth are likely necessary for the developing world; and if so, many countries will have to re-think their industrialization and development models.

Keywords: New normal; social protection; economic growth; sustainability; inequity

JEL Classification: F60; H41; O47

Suggested Citation

Mendoza, Ronald U. and Labios, Jean Rebecca and Melchor, Monica, Promoting High, Sustainable and Inclusive Growth During the ‘New Normal’ (August 1, 2014). Available at SSRN: https://ssrn.com/abstract=2466965 or http://dx.doi.org/10.2139/ssrn.2466965

Ronald U. Mendoza (Contact Author)

Ateneo De Manila University - Ateneo School of Government ( email )

Katipunan Road
Loyola Heights
Quezon City, 1108
Philippines

Jean Rebecca Labios

Asian Institute of Management ( email )

123 Paseo de Roxas
Makati City, Metro Manila
Philippines

Monica Melchor

Asian Institute of Management - Policy Center ( email )

Eugenio Lopez Foundation Bldg
Joseph McMicking Campus, 123 Paseo de Roxas
Makati City
Philippines

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