The Economics of Inclusion

Any strategy for inclusive economic growth must empower people by including them in the networks that make them productive. Inclusiveness thus should be seen not as a restriction on growth to make it morally palatable, but as a strategy to enhance it.

CAMBRIDGE – Many people find economic growth to be a morally ambiguous goal – palatable, they would argue, only if it is broadly shared and environmentally sustainable. But, as my father likes to say, “Why make something difficult if you can make it impossible?” If we do not know how to make economies grow, it follows that we do not know how to make them grow in an inclusive and sustainable way.