Developing a multidimensional sustainable framework for measuring inclusive Growth: Evidence from Egypt
Purposes: This study aims to develop and establish a concept referred to as Multidimensional Sustainable Inclusive Growth (MSIG), by examining inclusive growth from a micro-level perspective. Unlike previous studies that focus on the macro level, this approach seeks to offer a more realistic and pre...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co., Ltd.
2025-01-01
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| Series: | Global Transitions |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2589791825000283 |
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| Summary: | Purposes: This study aims to develop and establish a concept referred to as Multidimensional Sustainable Inclusive Growth (MSIG), by examining inclusive growth from a micro-level perspective. Unlike previous studies that focus on the macro level, this approach seeks to offer a more realistic and precise definition and measure of inclusive growth on micro level, especially for developing countries. Methods: The MSIG framework is constructed based on three key components.A multidimensional participation component (measuring participation in production, adjusted by the ratio of wages to GDP), A multidimensional poverty component, and A multidimensional inequality component.This approach introduces a comprehensive and in-depth measure of inclusive growth by integrating these dimensions into a single conceptual framework. Findings: The results show notable variation in definitions, dimensions, and measurements of inclusive growth among existing literature. The newly developed MSIG shows: Positive growth in the years 2012, 2015, and 2019, and A decline in 2017.The MSIGR (Multidimensional Sustainable Inclusive Growth Rate) was positive in 2012, 2015, and 2019—indicating a deterioration in inclusive growth—and negative in 2017, indicating an improvement in MSIGR.When compared with Dudley Seers' method, both MSIGR and Seers’ inclusive growth rates display a similar trend, further validating the findings. Conclusions: The study recommends that in developing country contexts, inclusive growth strategies should aim to be deep and multidimensional. Using comprehensive measures—such as poverty, inequality, and production participation (adjusted by wage-to-GDP ratios)—provides policymakers with nuanced insights into each component. This enables more informed decision-making and facilitates the adoption of strategies that foster sustainable and inclusive growth. |
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| ISSN: | 2589-7918 |