Perspectives on Inclusive Development
AbstractThe pursuit of inclusive development raises numerous questions and challenges for academics, practitioners and policymakers. To demystify the subject and move towards addressing the challenges, this paper first highlights the concept of inclusive development. Next, the key approaches as advanced by various proponents of inclusive development are presented. This is followed by a discussion of the neo-liberal ideologyâ€™s demise and its likely impact on inclusive development. The findings suggest that inclusive development should be shaped by various factors, such as; the functional definition of inclusive development, interventions that enhance governance and promote effective institutions, sound economic policies, and cultural and socio-economic considerations in policymaking and implementation. Furthermore, inclusive development requires â€“ as with the generic Asian approach to capitalism â€“ that planning and interventions are state-led, with indispensable but ancillary engagement by the private sector and other stakeholders. In lieu of the failed neo-liberal model of governance and the free-market system, the generic Asian approach to development is suggested to be one realistic option to pursuing inclusive development goals in developing countries.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE in its journal World Economics Journal.
Volume (Year): 9 (2008)
Issue (Month): 4 (October)
Contact details of provider:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ed Jones).
If references are entirely missing, you can add them using this form.