Operationalizing Inclusive Growth: Per-Percentile Diagnostics to Inform Redistribution Policies

Author: Kireyev Alexei P and Leonidov Andrei

Volume/Issue: Volume 2020 Issue 050

Publication date: March 2020

ISBN: 9781513528397

$18.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , WP , consumption expenditure , expenditure distribution , accounting framework , percentile policy , percentile targeting , percentile properties , per-percentile policy , observed per-capita consumption expenditure distribution , percentile change , changes in consumption expenditure , percentile consumption , percentile structure , Consumption , Inclusive growth , Consumption distribution , Income , Middle East , expenditure increase , expenditure pattern

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Summary

Inclusive growth, narrowly defined in this paper as growth that helps reduce inequality, is achieved if consumption of the poor increases faster than consumption of the rich. The paper presents a simple accounting framework for a per-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq and Tunisia.