Part III. Inclusive Growth Policies in Low-Income Countries

Elena Ianchovichina

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Elena Ianchovichina

Elena Ianchovichina
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Language:: English

Print Publication Date:: 24 Oct 2012

Keywords:: BOOK; price; government; commodity; natural resource; price shock; exchange rate; income distribution; price volatility; Natural resources; Income inequality; Oil; Food prices; Consumption; Global; Sub-Saharan Africa; Africa; Asia and Pacific; Middle East

Abstract

The purpose of this chapter is to define the meaning of the term “inclusive growth.” It is often used interchangeably with a suite of other terms, including “broad-based growth,” “shared growth,” and “pro-poor growth.” Many times it is unclear what people have in mind when they define growth as inclusive and how this type of growth relates to the widely discussed extensive and intensive growth patterns.

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