How to Achieve Inclusive Growth

Valerie Cerra is Assistant Director and Division Chief of the Inclusive Growth and Structural Policies Division in the International Monetary Fund's Institute for Capacity Development. She has been involved in policy advice, lending, and capacity development in the IMF's Western Hemisphere, African, European, and Asia and Pacific departments, and the IMF Institute. She obtained undergraduate degrees in finance and engineering from the University of Pennsylvania, and a Ph.D. in Economics from the University of Washington. She has published widely in leading economics journals on topics related to international macroeconomics, financial crises, economic scarring, and inclusive growth. Barry Eichengreen is George C. Pardee & Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley; Research Associate of the National Bureau of Economic Research; and Research Fellow of the Centre for Economic Policy Research. Asmaa El-Ganainy is a Deputy Division Chief at the IMF's Institute for Capacity Development. Previously, she worked in the European and Fiscal Affairs Departments, contributing to IMF's surveillance, lending, research and capacity development work across a range of countries. Her research interests are in the fields of public finance, sovereign debt, inequality, labor economics, and capital flows. Martin Schindler is a Deputy Division Chief at the IMF. He has contributed to the IMF's surveillance, lending, and analytical work, covering low-income, emerging and advanced economies on four continents, as well as to capacity development, including as deputy director of the Joint Vienna Institute. He is the lead editor of the IMF book on Jobs and Growth: Supporting the European Recovery and has published in leading economic journals, including the Journal of Monetary Economics, the Journal of International Economics, and the European Economic Review, among others. He holds a Ph.D. in economics from the University of Pennsylvania.

Introduction
1: Valerie Cerra: An Inclusive Growth Framework
2: Valerie Cerra, Ruy Lama, Norman Loayza: Links Between Growth, Inequality, and Poverty
Factor and Product Markets
3: Asmaa El-Ganainy, Ekkehard Ernst, Rossana Merola, Richard Rogerson, Martin Schindler: Labor Markets
4: Adolfo Barajas, Thorsten Beck, Mohamed Belhaj, Sami Ben Naceur: Financial Inclusion
5: Anton Korinek, Martin Schindler, Joseph Stiglitz E: Technological Progress and Artificial Intelligence
6: Philippe Aghion, Reda Cherif, Fuad Hasanov: Competition and Innovation
Globalization
7: Marc Bacchetta, Valerie Cerra, Roberta Piermartini, Maarten Smeets: Trade
8: Barry Eichengreen, Balazs Csonto, Asmaa El-Ganainy: Financial Globalization
9: Zsoka Koczan, Giovanni Peri, Magali Pinat, Dmitriy Rozhkov: Migration
Government Policies and Services
10: Maksym Ivanyna, Andrea Salerno: Governance
11: Hamid R. Davoodi, Peter Montiel, Anna Ter-Martirosyan,: Macroeconomic Stability, Adjustment, and Debt
12: Khaled Abdel-Kader, Ruud de Mooij: Tax Policy
13: Younes Zouhar, Jon Jellema, Nora Lustig, Mohamed Trabelsi: Public Expenditure
14: Deon Filmer, Roberta Gatti, Halsey Rogers, Nikola Spatafora, Drilona Emrullahu: Education and Health
15: Barbara Dutzler, Simon Johnson, Priscilla Muthoora: The Political Economy of Inclusive Growth
Disparities in Outcomes
16: Raquel Fernández, Asel Isakova, Francesco Luna, Barbara Rambousek: Gender Equality
17: Holger Floerkemeier, Nikola Spatafora, Anthony Venables: Regional Disparities
18: Benedicte Baduel, Asel Isakova, Anna Ter-Martirosyan: Generational Aspects of Inclusive Growth
19: Nathalie Pouokam: Sharing Resource Wealth and Addressing Fragility
20: Amar Bhattacharya, Maksym Ivanyna, William Oman, Sir Nicolas Stern: Climate Change
Putting it Together
21: Sriram Balasubramanian, Lahcen Bounader, Jana Bricco, Dmitry Vasilyev: Country Case Studies
22: Valerie Cerra: Conclusions and Resources for Next Steps