Contemporary Economic and Social Policy for Inclusive Growth
In many developing countries, the second decade of the new millennium came to an end with rapid economic growth and technological progress but also with widening income inequality and severe environmental pollution. Income inequality and environmental pollution are often dismissed as inevitable costs of economic and technological growth. The global community, however, increasingly promotes inclusive growth, defined as “economic growth distributed fairly across society and creating opportunities for all,” in order to combat these inequalities. Confronted with an unprecedented set of social, economic, and environmental challenges, contemporary Asian societies need more inclusive policy decisions. In this context, the Korea Development Institute and The Asia Foundation launched the Contemporary Economic and Social Policy for Inclusive Growth, which studies different hurdles faced by inclusive growth policies and considers possible solutions to these challenges.
The views expressed in this publication are solely of the authors and do not necessarily reflect those of The Asia Foundation.