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Inclusive Development – Nature, Aspects, Measurement

Author

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  • Milkana Mochurova
  • Stoyan Totev

Abstract

The article makes a critical analysis of the understanding of the concept of “inclusive development”. It is noted that this term and its synonyms became very popular and fashionable at the beginning of the 21st century, which led to their overuse and, thus, in a sense, to their deprivation of content. A critical review has been done on indicators and indices at a national and regional level. The relevance and necessity of applying a clear methodology for the assessment of inclusive development are justified in the light of the analysis that was made. A methodology for defining and assessing inclusive regional development that meets necessary requirements is proposed and justified by the authors of the study. It is based on understandable and easy to define criteria for the assessment of inclusive development. Finally, some general results and conclusions from the methodology are presented.

Suggested Citation

  • Milkana Mochurova & Stoyan Totev, 2022. "Inclusive Development – Nature, Aspects, Measurement," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-16.
    • Handle: RePEc:bas:econst:y:2022:i:3:p:3-16
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-3/01_Totev.pdf
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    References listed on IDEAS

    as
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    4. Aart Kraay, 2004. "When is Growth Pro-Poor? Cross-Country Evidence," IMF Working Papers 2004/047, International Monetary Fund.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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