Generational Aspects of Inclusive Growth

38 Pages Posted: 26 May 2021

See all articles by Bénédicte Baduel

Bénédicte Baduel

International Monetary Fund (IMF)

Anna Ter-Martirosyan

International Monetary Fund (IMF)

Asel Isakova

International Monetary Fund (IMF); European Bank for Reconstruction and Development (EBRD); Charles University in Prague - CERGE-EI, a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences

Date Written: March 1, 2021

Abstract

Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth integration into the labor market and ensure adequate income and health care support for the elderly. Turning to the intergenerational dimension, everyone should have the same chances in life, regardless of their family background. Policies that promote social mobility include improving access to high-quality care and education starting from a very early age, supporting lifelong learning, effective social protection schemes, and investing in infrastructure and other services to reduce spatial segregation.

JEL Classification: D63, I24, I30, J14, J26, J62, J20, I20, E25

Suggested Citation

Baduel, Bénédicte and Ter-Martirosyan, Anna and Isakova, Asel, Generational Aspects of Inclusive Growth (March 1, 2021). IMF Working Paper No. 2021/072, Available at SSRN: https://ssrn.com/abstract=3852792

Bénédicte Baduel (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Anna Ter-Martirosyan

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Asel Isakova

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

European Bank for Reconstruction and Development (EBRD) ( email )

One Exchange Square
London, EC2A 2EH
United Kingdom

Charles University in Prague - CERGE-EI, a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences ( email )

Politickych veznu 7
Prague, 111 21
Czech Republic

HOME PAGE: http://www.cerge-ei.cz

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