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Volume 52, March/April 2017, Number 2 | pp. 92-99


The Power of Two: Inclusive Growth and the IMF

Prakash Loungani

For decades, mainstream economics has focused on increasing economic growth and accelerating cross-country convergence, while ignoring distributional concerns. However, the consensus has begun to shift, and recent IMF research has paid increased attention to inclusive growth and the detrimental macroeconomic effects of inequality. The IMF also recognises the threat posed by climate change and has begun to dedicate research to exploring ways to decouple carbon emissions from economic growth.


This Intereconomics article is available for free at this page after an embargo period of two years. Reading it before February 2019 is possible via SpringerLink or in the next library.