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Inclusive Development – Nature, Aspects, Measurement

Author

Listed:
  • 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
    as

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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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    3. Gordon Mitchell, 1996. "Problems And Fundamentals Of Sustainable Development Indicators," Sustainable Development, John Wiley & Sons, Ltd., vol. 4(1), pages 1-11.
    4. Kraay, Aart, 2004. "When is growth pro-poor? Cross-country evidence," Policy Research Working Paper Series 3225, The World Bank.
    5. Neil Lee, 2019. "Inclusive Growth in cities: a sympathetic critique," Regional Studies, Taylor & Francis Journals, vol. 53(3), pages 424-434, March.
    6. Mr. Jonathan David Ostry & Mr. Andrew Berg & Mr. Charalambos G Tsangarides, 2014. "Redistribution, Inequality, and Growth," IMF Staff Discussion Notes 2014/002, International Monetary Fund.
    7. Amir Attaran, 2005. "An Immeasurable Crisis? A Criticism of the Millennium Development Goals and Why They Cannot Be Measured," PLOS Medicine, Public Library of Science, vol. 2(10), pages 1-1, September.
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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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