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J Foster

2014

The George Washington University, mimeo

Rank Robustness of Multidimensional Well-being Measure Page 1 A Framework for Measuring Inclusive Growth James E. Foster George Washington University, IIEP,and Oxford, OPHI WIDER Conference on Inclusive Growth in Africa September 20, 2013 Page 2 Motivation Why measure inclusive growth? Growth has potential to improve the lives of all people However, it is also possible that this potential may not, in fact, be realized – it is an empirical question hence measurement Consider the following growth scenarios: Growth with growing inequality Growth with modest or no improvements in poverty Growth that leaves out certain ethnic groups, regions, or sectors Growth without improvements in the other dimensions of wellbeing Growth that leads to choking pollution These are cases that are contingent Not all policymakers would agree that “growth is good” Tradeoffs Page 3 Motivation Alternatively, consider the …