Asia’s Quest for Inclusive Growth Revisited
Objektkategorie:
Elektronische Ressource
Person/Institution:
Verlag:
International Monetary Fund
Ort:
Washington, D.C
Entstehungszeit:
2015
Sprache:
Englisch
Weitere Objektinformationen
Abstract:
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus on the determinants of growth inclusiveness and suggest options for reform. A cross cross-country empirical analysis suggests that fiscal redistribution, monetary policy aimed at macro stability, and structural reforms to stimulate trade, reduce unemployment and increase productivity are important determinants of inclusive growth. The main policy implication of our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared prosperity. In particular, scenario simulations based on our results suggests that the effect of expanding fiscal redistribution on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth � a measure of growth in average income �corrected� for the equity impact�ranges from about 1 to about 8 percentage points
Objekttext:
Aoyagi, Chie
Online-Ausg.
Online-Ausg.
Zugriff und Nutzungsmöglichkeiten
Administrative Angaben
Datensatz angelegt am:
2023-04-14
Zuletzt geändert am:
2023-01-26
In Portal übernommen am:
2023-04-14
Feedback
Unsere Datensätze befinden sich in stetiger Weiterentwicklung. Wenn Sie zusätzliche Informationen zu diesem Objekt oder einen Fehler entdeckt haben, dann schreiben Sie uns. Informationen zum Datenschutz