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Inclusive Development:

Poverty & Inequality


Kailash Agarwal
CIC Roll No: 22016
Humanity and Social Science Department
Introduction
- Defined as economic growth that enhances
living conditions of masses

- In order to be sustainable, economic growth


must be inclusive

- A rising need for "inclusive development" to


fulfil current development goals
Understanding The Concept
The distinct meaning of inclusive development and its core elements
can be determined best by addressing the following tasks:

● The first task is to assess where and how the concept of inclusive
development fits in the development debate of the past decades
● The second task is to define inclusive development by
understanding the basic difference between growth and
development, and understanding how to differentiate inclusive
development from inclusive growth and other related concepts.
● The third task is to provide an elaborated analysis of the concept
by drawing upon key dimensions (socio, political and
environmental) of inclusive development.
How and where “inclusive
development” fits in the
development debate
● Conceptions of "inclusive development" arose,
concentrating on several levels such as the person,
governments, and international interactions
● Acceptance of the modernization theory is implicit
in this approach
● Focus of development switched from economic
growth to human development
● Adoption of the SDGs exemplifies the remarkable
shift in development thinking
Growth, development
and inclusiveness
● Academics have expanded on the concept of
development by emphasising the significance of
liberty, democratic principles, and human rights
● Growth and development are not uniformly
spread across industries and areas
● A vertical flow of wealth from wealthy to poor
● focuses on the distribution of social and material
advantages across social groups and categories
● Economists believe certain individuals will be
marginalised and key sectors of the population
would be left behind
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Dimensions of
Opportunities

Majority of the research The social component of the Reduction of institutional


evaluated emphasizes the idea of "security" and the and legislative
importance of the economic social hazards that impediments to
factor, particularly long-term development initiatives pose economic growth
and equitable growth
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Poverty and
Distribution
● Income inequality has worsened in several nations
during the previous two decades
● Poorest two-thirds of the world's population earn less
than 13.5 percent of global income, while the richest
1% receive about 15 percent
● Inequality has been passed down through the
generations and is codified in social laws
● Privatisation of public services, might worsen
impoverished people's access to these services on a
local level
● Rising income disparity has been linked to increased
economic instability and slowed human development
Inclusive Development In
Practice
● MDGs were established in 2000 with the
intention of improving the lives of the
world's poorest people

● The vow to "leave no one behind" is the


overriding premise of the Sustainable
Development Goals (SDGs) established
by world leaders in 2015.

● Inclusion is a crucial part of inclusive


development, and the Sustainable
Development Agenda’s emphasis on
inclusion is reflected in Goals 8, 10, 11 and
16.
Conclusion
Rising inequalities pose a danger to social and political stability and the growth process.
Poverty reduction is driven by an appropriate mix of operations addressing inclusive growth
and social development. The scope of inclusive social development is broad and straddles the
sectors of education, health, and gender.

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