Inclusive Economies: Conceptual, Measurement and Process Issues

Authors: Chris Benner*, University of California Santa Cruz, Gabriela Giusta, University of California Santa Cruz, Manuel Pastor, University of Southern California, Gordon McGranahan, Institute for Development Studies, University of Sussex
Topics: Economic Geography, Development
Keywords: Inclusive economies, indicators, epistemic communities
Session Type: Paper
Day: 4/14/2018
Start / End Time: 10:00 AM / 11:40 AM
Room: Bayside B, Sheraton, 4th Floor
Presentation File: No File Uploaded

Incorporating insights from ecological economics, theories of social well-being, and concepts of pro-poor and inclusive growth, this paper presents insights from the application of a five-dimensional framework for analyzing and promoting more inclusive economies originally developed by the Rockefeller Foundation. Defining an inclusive economy as one that is equitable, participatory, growing, sustainable and stable, we propose specific indicators that can be used to analyze progress towards more inclusive economies along these five dimensions at national and sub-national levels. Drawing on our efforts to apply this framework at a sub-national scale in Colombia (cities), India (rural states) and South Africa (metropolitan regions), we examine a range of theoretical and practical challenges of developing and applying this integrated framework across a range of contexts. With a particular focus on analyzing power relations and experiences of historically marginalized populations, we argue that this framework can be a useful tool for engaging a wide-range of stakeholders around processes to promote more inclusive economies.

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