Stephan Klasen
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0006
- Subject:
- Social Work, Social Policy
Inclusive growth has been proposed as another approach to ensuring that economic growth promotes well-being for all. At the same time, the precise definition of inclusive growth, its relation to ...
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Inclusive growth has been proposed as another approach to ensuring that economic growth promotes well-being for all. At the same time, the precise definition of inclusive growth, its relation to related concepts, such as pro-poor growth, social exclusion, or inequality, is not very clear. This chapter proposes a way to define inclusive growth, differentiate from related concepts, and propose particular indicators that can be used to monitor inclusive growth in developing and developed countries.Less
Inclusive growth has been proposed as another approach to ensuring that economic growth promotes well-being for all. At the same time, the precise definition of inclusive growth, its relation to related concepts, such as pro-poor growth, social exclusion, or inequality, is not very clear. This chapter proposes a way to define inclusive growth, differentiate from related concepts, and propose particular indicators that can be used to monitor inclusive growth in developing and developed countries.
Christopher Deeming and Paul Smyth
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0002
- Subject:
- Social Work, Social Policy
The chapter will examine the strengths and weaknesses of the social investment approach before looking at how it can be enhanced by the inclusive growth framework which has been the subject of a ...
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The chapter will examine the strengths and weaknesses of the social investment approach before looking at how it can be enhanced by the inclusive growth framework which has been the subject of a major dialogue between the OECD itself with the World Bank. This chapter reflects on how well the social policy discipline is responding to the challenge of reintegration with economic policy identifying the key challenges which lie ahead for developed economies.Less
The chapter will examine the strengths and weaknesses of the social investment approach before looking at how it can be enhanced by the inclusive growth framework which has been the subject of a major dialogue between the OECD itself with the World Bank. This chapter reflects on how well the social policy discipline is responding to the challenge of reintegration with economic policy identifying the key challenges which lie ahead for developed economies.
K. Pushpangadan and V.N. Balasubramanyam (eds)
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780198077992
- eISBN:
- 9780199081608
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198077992.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Most states in India have experienced relatively high growth rates since the introduction of extensive economic liberalization measures. But there does not seem to be a recognizable correlation ...
More
Most states in India have experienced relatively high growth rates since the introduction of extensive economic liberalization measures. But there does not seem to be a recognizable correlation between the growth rates of states and their development record. ‘Growth’ and ‘development’ have been considered synonymous and used interchangeably, until recently. The concern that growth may not result in development has been expressed by Indian planners, policymakers, and experts on development issues. This volume not only recognizes this, but also analyses the main issue—the contribution of liberalization-induced growth to development. It helps us investigate how inclusive post-liberalization growth has been. The volume is covers three broad themes. The first section looks into the regional dimension of the growth–development debate. Combining economic theory with rigorous empirical investigations, regional disparities within and across the states of Kerala, Karnataka, Andhra Pradesh, and Bihar are identified. The second section delves into the impact of growth on vital aspects like child labour, nutrition, and education. Finally, the last section discusses the implications of growth on employment, trade, and productivity. The volume offers suggestions for policy at the state and sectoral levels for the promotion of inclusive growth in India.Less
Most states in India have experienced relatively high growth rates since the introduction of extensive economic liberalization measures. But there does not seem to be a recognizable correlation between the growth rates of states and their development record. ‘Growth’ and ‘development’ have been considered synonymous and used interchangeably, until recently. The concern that growth may not result in development has been expressed by Indian planners, policymakers, and experts on development issues. This volume not only recognizes this, but also analyses the main issue—the contribution of liberalization-induced growth to development. It helps us investigate how inclusive post-liberalization growth has been. The volume is covers three broad themes. The first section looks into the regional dimension of the growth–development debate. Combining economic theory with rigorous empirical investigations, regional disparities within and across the states of Kerala, Karnataka, Andhra Pradesh, and Bihar are identified. The second section delves into the impact of growth on vital aspects like child labour, nutrition, and education. Finally, the last section discusses the implications of growth on employment, trade, and productivity. The volume offers suggestions for policy at the state and sectoral levels for the promotion of inclusive growth in India.
Paul Smyth and Christopher Deeming
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0015
- Subject:
- Social Work, Social Policy
What have learned? Are we talking about a coherent shift in social policy perspective? What have we learned about the challenges ahead for strengthening welfare systems, and for economic and ...
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What have learned? Are we talking about a coherent shift in social policy perspective? What have we learned about the challenges ahead for strengthening welfare systems, and for economic and sustainable growth for all. In this final chapter we will critically consider the perspectives, and ask whether they are simply saying the same thing with different accents (e.g. different disciplinary and country foci) and whether or the extent to which they have different/unique features. Summary tables will be included to summarise approaches and lessons learned.Less
What have learned? Are we talking about a coherent shift in social policy perspective? What have we learned about the challenges ahead for strengthening welfare systems, and for economic and sustainable growth for all. In this final chapter we will critically consider the perspectives, and ask whether they are simply saying the same thing with different accents (e.g. different disciplinary and country foci) and whether or the extent to which they have different/unique features. Summary tables will be included to summarise approaches and lessons learned.
Masahiro Kawai, Mario B. Lamberte, and Yung Chul Park (eds)
- Published in print:
- 2012
- Published Online:
- January 2013
- ISBN:
- 9780199660957
- eISBN:
- 9780191748981
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199660957.001.0001
- Subject:
- Economics and Finance, Financial Economics, South and East Asia
This book aims to analyse the impact of the global financial crisis of 2007–09 on Asian economies, to assess the policy responses to the crisis in terms of their effectiveness and sustainability, and ...
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This book aims to analyse the impact of the global financial crisis of 2007–09 on Asian economies, to assess the policy responses to the crisis in terms of their effectiveness and sustainability, and to draw lessons about how best to avoid and/or mitigate future crises and to identify structural policy recommendations that can help guide Asian policymakers to expand the growth potential of domestic and regional demand in future, and thereby create a basis for sustainable and inclusive growth. The book is organized into four parts. Part 1 discusses the motivation of the book, provides an overview of the major issues, and presents some policy recommendations. Part 2 includes two chapters that review the crisis in the US and its transmission to Europe. Part 3 focuses on the impacts of the global financial crisis on Asian economies, policy responses and growth strategies. And finally, Part 4 deals with lessons of the crisis for emerging markets. The main inference of the book is that Asian economies have recovered strongly from the global financial crisis, reflecting their aggressive moves to ease monetary and fiscal policy as well as the underlying fundamental strength of their economies. However, Asia as a whole needs to transform itself into a large consumer market while maintaining its competitiveness, by rebalancing sources of growth away from excessive dependence on extra-regional to domestic and regional demand. This growth rebalancing effort requires closer policy coordination in Asia in order to pursue structural adjustment, integration of regional markets, and socially inclusive and environmentally sustainable growth.Less
This book aims to analyse the impact of the global financial crisis of 2007–09 on Asian economies, to assess the policy responses to the crisis in terms of their effectiveness and sustainability, and to draw lessons about how best to avoid and/or mitigate future crises and to identify structural policy recommendations that can help guide Asian policymakers to expand the growth potential of domestic and regional demand in future, and thereby create a basis for sustainable and inclusive growth. The book is organized into four parts. Part 1 discusses the motivation of the book, provides an overview of the major issues, and presents some policy recommendations. Part 2 includes two chapters that review the crisis in the US and its transmission to Europe. Part 3 focuses on the impacts of the global financial crisis on Asian economies, policy responses and growth strategies. And finally, Part 4 deals with lessons of the crisis for emerging markets. The main inference of the book is that Asian economies have recovered strongly from the global financial crisis, reflecting their aggressive moves to ease monetary and fiscal policy as well as the underlying fundamental strength of their economies. However, Asia as a whole needs to transform itself into a large consumer market while maintaining its competitiveness, by rebalancing sources of growth away from excessive dependence on extra-regional to domestic and regional demand. This growth rebalancing effort requires closer policy coordination in Asia in order to pursue structural adjustment, integration of regional markets, and socially inclusive and environmentally sustainable growth.
Christopher Deeming and Paul Smyth (eds)
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- book
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.001.0001
- Subject:
- Social Work, Social Policy
This book is concerned with ‘Social Investment’, in terms of a supply-side strategy complementing the demand-side emphasis of ‘Inclusive Growth’. Our aim is to show the logic of integrating and ...
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This book is concerned with ‘Social Investment’, in terms of a supply-side strategy complementing the demand-side emphasis of ‘Inclusive Growth’. Our aim is to show the logic of integrating and unifying these new strategies – and some of the challenges ahead - as we move decisively towards forging a new consensus in global policymaking for the twenty-first century based on this new policy perspective: Social Investment for Inclusive Growth.Less
This book is concerned with ‘Social Investment’, in terms of a supply-side strategy complementing the demand-side emphasis of ‘Inclusive Growth’. Our aim is to show the logic of integrating and unifying these new strategies – and some of the challenges ahead - as we move decisively towards forging a new consensus in global policymaking for the twenty-first century based on this new policy perspective: Social Investment for Inclusive Growth.
Sarah Cook
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0004
- Subject:
- Social Work, Social Policy
Remaking the relationship between paid work and welfare looms as the central challenge for an inclusive growth regime. Neoliberal economic policies created a legacy of high unemployment and precarity ...
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Remaking the relationship between paid work and welfare looms as the central challenge for an inclusive growth regime. Neoliberal economic policies created a legacy of high unemployment and precarity that has not been addressed by the social investment approach with its purely supply side focus. Inclusive growth insists that paid work must underpin a sustainable welfare regime. But how can this be done given the state of current labour markets? This chapter reconsiders the paid work welfare nexus.Less
Remaking the relationship between paid work and welfare looms as the central challenge for an inclusive growth regime. Neoliberal economic policies created a legacy of high unemployment and precarity that has not been addressed by the social investment approach with its purely supply side focus. Inclusive growth insists that paid work must underpin a sustainable welfare regime. But how can this be done given the state of current labour markets? This chapter reconsiders the paid work welfare nexus.
Binayak Sen
- Published in print:
- 2013
- Published Online:
- June 2014
- ISBN:
- 9780198092346
- eISBN:
- 9780199082834
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198092346.003.0009
- Subject:
- Economics and Finance, South and East Asia
This chapter defines inclusiveness as transforming the relative position of the poor from principal to agent. It argues that Bangladesh has achieved considerable economic and social gains since the ...
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This chapter defines inclusiveness as transforming the relative position of the poor from principal to agent. It argues that Bangladesh has achieved considerable economic and social gains since the 1990s inspite of weak governance. However challenges, some of them systemic, remain. These include sustaining GDP growth and improving social indicators in the context of better governance. The human development framework needs to be extended to include rights to development. The chapter proposes a new social compact for inclusive development in settlements inhabited by marginalized groups. It concurs with Rehman Sobhan’s idea of addressing the structure of injustice in the economy and society.Less
This chapter defines inclusiveness as transforming the relative position of the poor from principal to agent. It argues that Bangladesh has achieved considerable economic and social gains since the 1990s inspite of weak governance. However challenges, some of them systemic, remain. These include sustaining GDP growth and improving social indicators in the context of better governance. The human development framework needs to be extended to include rights to development. The chapter proposes a new social compact for inclusive development in settlements inhabited by marginalized groups. It concurs with Rehman Sobhan’s idea of addressing the structure of injustice in the economy and society.
Akmal Hussain and Muchkund Dubey (eds)
- Published in print:
- 2013
- Published Online:
- June 2014
- ISBN:
- 9780198092346
- eISBN:
- 9780199082834
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198092346.001.0001
- Subject:
- Economics and Finance, South and East Asia
The book examines in the context of South Asia, four interrelated dimensions that constitute the central policy challenges of our time: consolidating democracy, violent extremism, mass poverty, and ...
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The book examines in the context of South Asia, four interrelated dimensions that constitute the central policy challenges of our time: consolidating democracy, violent extremism, mass poverty, and climate change. These dimensions are explored at the country-specific as well as the regional levelby some of the leading scholars and eminent public figures from the region, and the inter connections between these dimensions are developed in Chapter 1. Consolidating democracy requires governments to give space to civil society and provide institutional access to the under-privileged over governance decisions that affect their life. Such empowerment requires rapid poverty reduction through inclusive growth. A major hurdle in achieving inclusive growth is climate change, which has a relatively greater adverse effect on the poor. Mitigation and adaptation measures require collective efforts for joint watershed management, improved efficiency of irrigation and water use, development of heat-resistant varieties of food grains, and development of decentralized food stock silos to manage possible food shortages in future. The book advocates that a prerequisite for such efforts is a new approach based on interstate peace and cooperation. This could facilitate the establishment within individual nation states of institutional links between democratic structures, development initiatives, managing violence, and conserving the environment. The potential for cooperation is located in the perennial wisdom of South Asia. Through the interplay of the plurality of religions and cultures in South Asian history has emerged a consciousness of transcendent unity. Rediscovering this consciousness could play an important role in articulating new institutions for cooperation to build a better future for the people of this region.Less
The book examines in the context of South Asia, four interrelated dimensions that constitute the central policy challenges of our time: consolidating democracy, violent extremism, mass poverty, and climate change. These dimensions are explored at the country-specific as well as the regional levelby some of the leading scholars and eminent public figures from the region, and the inter connections between these dimensions are developed in Chapter 1. Consolidating democracy requires governments to give space to civil society and provide institutional access to the under-privileged over governance decisions that affect their life. Such empowerment requires rapid poverty reduction through inclusive growth. A major hurdle in achieving inclusive growth is climate change, which has a relatively greater adverse effect on the poor. Mitigation and adaptation measures require collective efforts for joint watershed management, improved efficiency of irrigation and water use, development of heat-resistant varieties of food grains, and development of decentralized food stock silos to manage possible food shortages in future. The book advocates that a prerequisite for such efforts is a new approach based on interstate peace and cooperation. This could facilitate the establishment within individual nation states of institutional links between democratic structures, development initiatives, managing violence, and conserving the environment. The potential for cooperation is located in the perennial wisdom of South Asia. Through the interplay of the plurality of religions and cultures in South Asian history has emerged a consciousness of transcendent unity. Rediscovering this consciousness could play an important role in articulating new institutions for cooperation to build a better future for the people of this region.
Tim Jackson and Robin Webster
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0014
- Subject:
- Social Work, Social Policy
Macro-economic policy should be evaluated and devised according to sustainability criteria alongside economic and social criteria. Economic goals, whether growth of GDP, productivity or ...
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Macro-economic policy should be evaluated and devised according to sustainability criteria alongside economic and social criteria. Economic goals, whether growth of GDP, productivity or competitiveness should not trump equity/justice or sustainability. But nor should environmental goals trump social goals. The urgent challenge addressed in this chapter is to develop a macroeconomic framework that supports ‘eco-social’ policies to pursue both goals simultaneously.Less
Macro-economic policy should be evaluated and devised according to sustainability criteria alongside economic and social criteria. Economic goals, whether growth of GDP, productivity or competitiveness should not trump equity/justice or sustainability. But nor should environmental goals trump social goals. The urgent challenge addressed in this chapter is to develop a macroeconomic framework that supports ‘eco-social’ policies to pursue both goals simultaneously.
Saman Kelegama
- Published in print:
- 2013
- Published Online:
- June 2014
- ISBN:
- 9780198092346
- eISBN:
- 9780199082834
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198092346.003.0010
- Subject:
- Economics and Finance, South and East Asia
This chapter identifies the principal elements of an effective inclusive growth strategy in Sri Lanka. It observes that while successive governments have undertaken policies for inclusive growth, ...
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This chapter identifies the principal elements of an effective inclusive growth strategy in Sri Lanka. It observes that while successive governments have undertaken policies for inclusive growth, these have been neutralized by the protracted Civil War. It argues that conflicts affect poverty through entitlement failures, such as loss of public entitlements, loss of market/livelihood entitlements, loss of civil/social entitlements, and reverse entitlements resulting from population displacement and asset transfers. The chapter argues that the major challenge for inclusive growth in the post conflict period in Sri Lanka is to address these entitlement failures, particularly in the war-affected areas.Less
This chapter identifies the principal elements of an effective inclusive growth strategy in Sri Lanka. It observes that while successive governments have undertaken policies for inclusive growth, these have been neutralized by the protracted Civil War. It argues that conflicts affect poverty through entitlement failures, such as loss of public entitlements, loss of market/livelihood entitlements, loss of civil/social entitlements, and reverse entitlements resulting from population displacement and asset transfers. The chapter argues that the major challenge for inclusive growth in the post conflict period in Sri Lanka is to address these entitlement failures, particularly in the war-affected areas.
Christopher Deeming and Paul Smyth
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0001
- Subject:
- Social Work, Social Policy
Neoliberalism, based on laissez-faire market ideas, had reached its social policy limits long before the financial crises of 2008. The ‘new social risks’ faced by citizens in post-industrial society ...
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Neoliberalism, based on laissez-faire market ideas, had reached its social policy limits long before the financial crises of 2008. The ‘new social risks’ faced by citizens in post-industrial society led policymakers to rethink what social and economic relations should look like in the 21st century. In this volume we argue that new ideas about social investment and inclusive growth could mark a turning point in social policy.Less
Neoliberalism, based on laissez-faire market ideas, had reached its social policy limits long before the financial crises of 2008. The ‘new social risks’ faced by citizens in post-industrial society led policymakers to rethink what social and economic relations should look like in the 21st century. In this volume we argue that new ideas about social investment and inclusive growth could mark a turning point in social policy.
Akmal Hussain
- Published in print:
- 2013
- Published Online:
- June 2014
- ISBN:
- 9780198092346
- eISBN:
- 9780199082834
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198092346.003.0008
- Subject:
- Economics and Finance, South and East Asia
This chapter postulates that sustained economic growth in Pakistan requires a change in the institutional structure whereby the middle classes and the poor can participate as subjects of the growth ...
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This chapter postulates that sustained economic growth in Pakistan requires a change in the institutional structure whereby the middle classes and the poor can participate as subjects of the growth process rather than merely the recipients of an uncertain ‘trickle-down’ effect. The chapter argues that the poor face markets, state institutions, and local power structures, which discriminate against their access to productive assets, financial resources, public services, and governance decisions which affect their immediate existence. It proposes a new approach to inclusive growth where equity becomes a means to a higher and more sustained growth. For achieving this, it proposes specific initiatives for the provision of productive assets to the poor, training for high-wage employment, quality health care, and equitable access over markets. Such a growth process could play an important role in countering terrorism and strengthening democracy by giving economic opportunities to the deprived sections of the population.Less
This chapter postulates that sustained economic growth in Pakistan requires a change in the institutional structure whereby the middle classes and the poor can participate as subjects of the growth process rather than merely the recipients of an uncertain ‘trickle-down’ effect. The chapter argues that the poor face markets, state institutions, and local power structures, which discriminate against their access to productive assets, financial resources, public services, and governance decisions which affect their immediate existence. It proposes a new approach to inclusive growth where equity becomes a means to a higher and more sustained growth. For achieving this, it proposes specific initiatives for the provision of productive assets to the poor, training for high-wage employment, quality health care, and equitable access over markets. Such a growth process could play an important role in countering terrorism and strengthening democracy by giving economic opportunities to the deprived sections of the population.
Huck-ju Kwon
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0005
- Subject:
- Social Work, Social Policy
One of the biggest challenges for developing a new more productivist social policy approach has been the apparent absence of a new, post-neoliberal, economic model even after the global financial ...
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One of the biggest challenges for developing a new more productivist social policy approach has been the apparent absence of a new, post-neoliberal, economic model even after the global financial crisis. This chapter explores the social policy implications of the official ‘pragmatism’ of the new economic model with its ‘institutionalist’ emphases on nation states finding what works best in their own contexts rather than looking to the one size fits all approach of recent decades.Less
One of the biggest challenges for developing a new more productivist social policy approach has been the apparent absence of a new, post-neoliberal, economic model even after the global financial crisis. This chapter explores the social policy implications of the official ‘pragmatism’ of the new economic model with its ‘institutionalist’ emphases on nation states finding what works best in their own contexts rather than looking to the one size fits all approach of recent decades.
Jane Jenson
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0013
- Subject:
- Social Work, Social Policy
Analysts of social policy often pay more attention to the content of social policy than to its governance. It is important to assess both. Policy communities currently link the concepts of social ...
More
Analysts of social policy often pay more attention to the content of social policy than to its governance. It is important to assess both. Policy communities currently link the concepts of social investment and social entrepreneurship to advocate both where and how to intervene to ensure inclusive growth.The argument of the chapter is that the explicit linking of these two notions by policy-makers at several scales of authority constitutes an emerging policy paradigm. Despite variation across countries and levels (a characteristic of any paradigm) policy communities proffer the quasi-concepts of social investment and social entrepreneurship in combination as the appropriate ways to govern financing and delivery of social investments and ensure inclusive growth.Less
Analysts of social policy often pay more attention to the content of social policy than to its governance. It is important to assess both. Policy communities currently link the concepts of social investment and social entrepreneurship to advocate both where and how to intervene to ensure inclusive growth.The argument of the chapter is that the explicit linking of these two notions by policy-makers at several scales of authority constitutes an emerging policy paradigm. Despite variation across countries and levels (a characteristic of any paradigm) policy communities proffer the quasi-concepts of social investment and social entrepreneurship in combination as the appropriate ways to govern financing and delivery of social investments and ensure inclusive growth.
James Midgley
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0012
- Subject:
- Social Work, Social Policy
This chapter shows how we can avoid the unwanted polarisation between ‘investment’ and ‘protection’. While certain trends in postwar social policy may have encouraged that bifurcation from economic ...
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This chapter shows how we can avoid the unwanted polarisation between ‘investment’ and ‘protection’. While certain trends in postwar social policy may have encouraged that bifurcation from economic policy, this chapter shows how nearly all social policies in fact have a dual function, i.e. both productive and protective. The chapter reasserts the importance of social protection for societies seeking to revive strategies for equality in the new model of inclusive growth.Less
This chapter shows how we can avoid the unwanted polarisation between ‘investment’ and ‘protection’. While certain trends in postwar social policy may have encouraged that bifurcation from economic policy, this chapter shows how nearly all social policies in fact have a dual function, i.e. both productive and protective. The chapter reasserts the importance of social protection for societies seeking to revive strategies for equality in the new model of inclusive growth.
Brian Levy
- Published in print:
- 2014
- Published Online:
- September 2014
- ISBN:
- 9780199363803
- eISBN:
- 9780199363834
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199363803.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This book builds on cutting-edge scholarship and the author’s quarter-century of practical experience to lay out an innovative “with-the-grain” approach to governance reform and development ...
More
This book builds on cutting-edge scholarship and the author’s quarter-century of practical experience to lay out an innovative “with-the-grain” approach to governance reform and development policymaking. A with-the-grain perspective directs attention away from “best practice” off-the-shelf blueprints toward the challenges of finding a good fit, and initiating and sustaining forward development momentum. The book distinguishes among four broad groups of countries—according to whether their polities are dominant or competitive and whether their institutions are personalized or impersonal. It also distinguishes among alternative options for governance reform—“top-down” options that aim to strengthen formal institutions and options that aim to support the emergence of “islands of effectiveness.” And it explores the “goodness of fit” between alternative reform options and divergent country contexts—including how narrowly focused initiatives can achieve results even in a broader sea of institutional dysfunction. The book investigates how, over time, virtuous circles can link inclusive growth, positive expectations, and ongoing institutional improvement. Taking the decade or so time horizon of practitioners, the aim is to move the process along—seeking gains that initially may seem quite modest but can, sometimes, give rise to a cascading sequence of change. Sometimes the binding constraint to forward movement can be institutional, making governance reform the priority; at other times, the priority can better be on inclusive growth. Over the longer run, stability depends also on a broad-based commitment among citizens to the institutional order, as one that offers the hope of a better life for all.Less
This book builds on cutting-edge scholarship and the author’s quarter-century of practical experience to lay out an innovative “with-the-grain” approach to governance reform and development policymaking. A with-the-grain perspective directs attention away from “best practice” off-the-shelf blueprints toward the challenges of finding a good fit, and initiating and sustaining forward development momentum. The book distinguishes among four broad groups of countries—according to whether their polities are dominant or competitive and whether their institutions are personalized or impersonal. It also distinguishes among alternative options for governance reform—“top-down” options that aim to strengthen formal institutions and options that aim to support the emergence of “islands of effectiveness.” And it explores the “goodness of fit” between alternative reform options and divergent country contexts—including how narrowly focused initiatives can achieve results even in a broader sea of institutional dysfunction. The book investigates how, over time, virtuous circles can link inclusive growth, positive expectations, and ongoing institutional improvement. Taking the decade or so time horizon of practitioners, the aim is to move the process along—seeking gains that initially may seem quite modest but can, sometimes, give rise to a cascading sequence of change. Sometimes the binding constraint to forward movement can be institutional, making governance reform the priority; at other times, the priority can better be on inclusive growth. Over the longer run, stability depends also on a broad-based commitment among citizens to the institutional order, as one that offers the hope of a better life for all.
Marius R. Busemeyer
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0009
- Subject:
- Social Work, Social Policy
High investment in human capital is the signature of the social investment approach embracing both education and skills. This chapter expands the conventional perspective taken up in the social ...
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High investment in human capital is the signature of the social investment approach embracing both education and skills. This chapter expands the conventional perspective taken up in the social investment literature by systematically discussing the potential contribution of vocational education and training and lifelong learning to promoting inclusive growth and social investments.Less
High investment in human capital is the signature of the social investment approach embracing both education and skills. This chapter expands the conventional perspective taken up in the social investment literature by systematically discussing the potential contribution of vocational education and training and lifelong learning to promoting inclusive growth and social investments.
Jon Kvist
- Published in print:
- 2017
- Published Online:
- May 2018
- ISBN:
- 9781447332497
- eISBN:
- 9781447332534
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447332497.003.0010
- Subject:
- Social Work, Social Policy
Globally, policymakers are promoted social investments as a reform strategy to increase individuals’ capacities and national economic growth. This chapter establishes a framework consisting of ...
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Globally, policymakers are promoted social investments as a reform strategy to increase individuals’ capacities and national economic growth. This chapter establishes a framework consisting of generational, life-course perspectives on social investments and inclusive growth. The generational perspective brings out that social investments involve horizontal redistribution, underpin the productive and reproductive social contract between generations, and the increased diversity within generations. The life-course perspective demonstrates how social issues and social investments in one life stage depend on the situation in prior life stages and affect the situation in later life stages and, possibly, in multiple dimensions.Less
Globally, policymakers are promoted social investments as a reform strategy to increase individuals’ capacities and national economic growth. This chapter establishes a framework consisting of generational, life-course perspectives on social investments and inclusive growth. The generational perspective brings out that social investments involve horizontal redistribution, underpin the productive and reproductive social contract between generations, and the increased diversity within generations. The life-course perspective demonstrates how social issues and social investments in one life stage depend on the situation in prior life stages and affect the situation in later life stages and, possibly, in multiple dimensions.
Paul Shaffer, Ravi Kanbur, and Richard Sandbrook
- Published in print:
- 2019
- Published Online:
- March 2019
- ISBN:
- 9780198832317
- eISBN:
- 9780191870965
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198832317.003.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This chapter provides context for the volume chapters. It addresses definitional and conceptual matters concerning growth, poverty, and the time frame and level of analysis. The distinction between ...
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This chapter provides context for the volume chapters. It addresses definitional and conceptual matters concerning growth, poverty, and the time frame and level of analysis. The distinction between ‘failed inclusion’ and ‘active exclusion’ is then presented to distinguish some of the underlying causal mechanisms. Next, the centrality of political economy and politics to the analysis of immiserizing growth (IG) is explained on the grounds that many of the causal mechanisms leading to IG are public policy measures or stand to be affected by them. The relationship of IG to poverty dynamics is then explored to determine if immiserizing growth is characterized by distinct types of transitory or chronic poverty.Less
This chapter provides context for the volume chapters. It addresses definitional and conceptual matters concerning growth, poverty, and the time frame and level of analysis. The distinction between ‘failed inclusion’ and ‘active exclusion’ is then presented to distinguish some of the underlying causal mechanisms. Next, the centrality of political economy and politics to the analysis of immiserizing growth (IG) is explained on the grounds that many of the causal mechanisms leading to IG are public policy measures or stand to be affected by them. The relationship of IG to poverty dynamics is then explored to determine if immiserizing growth is characterized by distinct types of transitory or chronic poverty.
