Inclusive Growth: Beyond Safety Nets?
17 Pages Posted: 13 Aug 2015
Date Written: September 2015
Debates on inclusive growth have gained popularity within academic, public policy and private sector spheres. This article asks the question whether this has the potential to help move debates and policy beyond a still dominant safety nets paradigm. The emphasis on processes of growth – and hence livelihoods, employment and entrepreneurship – rather than re-distributing the benefits of growth is crucial in this. This reinforces the need to make institutions, formal and informal, an integral part of our understanding of growth, and inform policies that promote growth and inclusion simultaneously.
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