Opportunities for All
A Framework for Policy Action on Inclusive Growth
Globalisation, digitalisation, demographics and climate change are transforming our
economies and our societies. They provide new opportunities for growth but at the
same time increase the risk of deeper inequalities, in a context where these are already
high. Reducing inequalities by making growth beneficial for all is the best way to
build strong foundations for future prosperity and to give everyone the opportunity
to contribute and succeed. To make this happen, equality needs to be considered from
the start when governments design growth policies, rather than tackled afterwards
through redistribution. Such an ex ante approach can help people, firms and regions
fulfil their potential and drive growth, both locally and globally. By better aligning
domestic and international policies, opportunities for growth can be used more effectively
to provide higher standards for protection of social, environmental and human rights
around the world. The OECD has developed a Framework for Policy Action on Inclusive
Growth to help governments to improve the prospects of those currently being left
behind. Using a dashboard of indicators, the framework presents key policy recommendations
to sustain and more equitably share the gains of economic growth by investing in people
and places that have been left behind, supporting business dynamism and inclusive
labour markets, and building efficient and responsive governments.
Published on May 29, 2018