The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040. However, this aspiration comes at a time of significant global headwinds that pose risks to the country's development trajectory. Growing the middle class is more closely related...

Decoupling economic growth from environmental degradation and climate change, increasing resource efficiency, and promoting both sustainable production and sustainable lifestyles is a challenge in North Africa, a region where even a relative decoupling of income growth and carbon (CO2) emissions...

This book explores the interactions between private sector development, public policies and societal institutions with a strong view on contributing to sustainable and inclusive development in emerging countries. The private sector is often praised as an engine of economic growth. This belief...

This study investigates the critical role of structural transformation in African economies and its significance for inclusive growth, utilizing the African Transformation Index (ATI). The core focus is to understand how structural transformation influences economic growth and to highlight key...

The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040. However, this aspiration comes at a time of significant global headwinds that pose risks to the country's development trajectory. Growing the middle class is more closely related...

This study examines the role of social protection policies as a driver of inclusive growth. While some research argues that social protection policies empower marginalized groups, promote human capital, reduce inequality, alleviate poverty and contribute to long-term sustainable development,...

The study examines the impact of human capital and governance on inclusive growth in Africa. It further explores how governance dynamics influence the relationship between human capital and inclusive growth. Drawing on macro data spanning 43 African countries from 2005 to 2020 and employing the...

This study investigated the impact of mobile financial services on the shadow economy in Southern Africa countries and explored how regulatory quality moderates this relationship. Utilising panel data from 1993 to 2022, this study employed dynamic common-correlated effect (DCCE) and dynamic...

Decoupling economic growth from environmental degradation and climate change, increasing resource efficiency, and promoting both sustainable production and sustainable lifestyles is a challenge in North Africa, a region where even a relative decoupling of income growth and carbon (CO2) emissions...

This study highlights the important role of strategic policy interventions in promoting sustainable economic prosperity and social equity in OECD economies. It specifically focuses on the positive effects of technological development, energy efficiency, renewable electricity, and human capital...

The increasing social and environmental challenges, particularly poverty, have brought social entrepreneurship, a highly researched domain, to the attention of academicians. It has emerged as a critical issue in the context of economic development and societal well-being. The current study...

Achieving a balance between economic growth, environmental sustainability, and social well-being remains a pressing challenge for emerging economies. This study examines the factors contributing to inclusive growth in the BRICS countries, concentrating on the connections between life expectancy,...

Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...

Technological advancements are often viewed as drivers of green growth, but they also carry the potential to widen social inequality, particularly in job automation and the transformation of work routines. This study delves into the relationship between technology and inclusive growth, drawing...

Boracay Island, Malay is one of the most popular tourist destinations in the Philippines. Over the years, its sustained growth as a top tourist destination has been substantially supported by the island's informal tourism sector-that is primarily women dominated. While tourism products and...

Financial inclusion (FI) for vulnerable populations, such as women, is critical for achieving gender equality, women's empowerment, and thereby inclusive growth. In this regard, the use of digital financial services is of particular significance for women as it allows them easier access to...

This paper presents an empirical study of how inclusive was the extraordinary growth experienced by Bolivia between 2006 and 2019, in terms of decent job generation in urban areas and by gender. For this, we use the Ali and Son (2007) concentration curve of opportunities and approach the jobs...

This study assesses the level of inclusiveness of the extraordinary growth experienced by Bolivia from 2006 to 2019 in terms of decent jobs generation in urban areas and by gender. We use the Ali and Son (2007) concentration of opportunities curves, the Cameron and Trivedi (2005) Bootstrap...

The study employs macro data for 42 African countries to examine the interactive and threshold effects of financial development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that remittances are not statistically significant in...

The use of GDP per capita as a measure of economic growth has been recently subject to a wide criticism by many economists. It has been observed that while some countries have experienced economic growth in recent years, income inequality and poverty continue to be exacerbated. Recently, SDG 8...

In recent times, Africa has experienced remarkable economic growth; nonetheless, this advancement remains far from being considered inclusive, given the persistently high levels of poverty and income inequality across the continent. To this end, this study investigates the role of fiscal policy...

This article aims to explore the interplay between financial stability, financial inclusion, and inclusive growth in 40 African countries during the period 2004-2020. It acknowledges that an unstable financial system has the potential to erode confidence and hinder the essence of financial...

Africa's pursuit of inclusive and sustainable economic growth is impeded by many challenges, including climate change, whose effect is most apparent in the continent's tropical regions. To this end, this study investigates the impact of climate change on achieving pro-poor economic growth in...

We outline policy recommendations to overcome or mitigate the most important binding constraints that are preventing Loreto, in Peruvian Amazonia, from developing sustainable and inclusive employment and economic growth.We rely on highly granular databases to map the productive ecosystem of...

The use of GDP per capita as a measure of economic growth has been recently subject to a wide criticism by many economists. It has been observed that while some countries have experienced economic growth in recent years, income inequality and poverty continue to be exacerbated. Recently, SDG 8...