The OECD Inclusive Growth project comprises work from across the organisation on various areas of public policy affecting all corners of the globe. The project involves in-depth research and analysis and a consultation process engaging different stakeholders in an effort to instill the Inclusive Growth narrative in policymaking world-wide.
There are four central pillars to the OECD’s work on Inclusive Growth: methodological, sectoral, national and regional.
The OECD has developed a framework that helps governments analyse and address inequalities, monitor material living standards, and design comprehensive policy packages. Firstly, our metric of multidimensional living standards (MDLS) seeks to measure well-being in a way that includes both income and non-income dimensions, and is also targeted at specific income groups. Secondly, our policy framework allows us to quantitatively analyse the synergies and trade-offs that policy packages have on various aspects of well-being for different social groups, to ensure that policies are always net beneficial to the goal of inclusive growth.
It is an ongoing project to constantly refine the robustness of our methodology, and to extend its relevance to all specific regional and national contexts across the globe. Recent reports discuss the OECD Inclusive Growth methodology in more detail.
The OECD is mainstreaming the Inclusive Growth narrative across many different lines of work, to ensure that inclusivity is a defining concept of our new growth models in every sector. Across the OECD, ongoing and future activities cover Inclusive Growth in relation to various themes, and the links between them. This includes, for example, the role of health, education & skills, innovation, competition & finance, cities, governance, air quality, taxation, and youth inclusion & social protection.
Our work with internal and external partners extends to a wide range of policy areas.
The OECD works with countries to support their efforts to promote and implement Inclusive Growth. National Case Studies serve as a sounding board to test and apply to the OECD Inclusive Growth Framework in some OECD Member and non-Member countries, providing requesting governments with comprehensive analyses of national trends in inequalities and multidimensional living standards, as well as a prospective policy roadmap to foster inclusive growth.
Read our recent National Case Study on Inclusive Growth for China.
At a regional level, we continue to adjust the Inclusive Growth Framework to regional specificities, to ensure that our way of approaching Inclusive Growth resonates, and is deliverable, with the specific needs and circumstances of the region. This includes incorporating new measures into our methodology where they are deemed particularly relevant, such as gender equality of the level of informal employment. Furthermore, regional consultations provide a forum for knowledge sharing between countries and other stakeholders within a region to learn from each other’s experiences, and to work together in the pursuit of the most effective policies to foster Inclusive Growth.
Read about our regional consultation events on the topic of Inclusive Growth.