The imperatives of inclusive economic growth theory

Chaikin, Oleksandr; Усюк, Т. В.

doi:10.33249/2663-2144-2019-84-11-3-12

Cited by 7 publications

(3 citation statements)

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“…The proposed index contains six groups of indicators (Economic, Amenities, Sustainability, Gender and Financial inclusion, Human Development, and Governance) that merge 19 sub-indicators. Based on summarizing the approach for estimating inclusive economic growth, Chaikin and Usiuk [26] defined inclusive economic growth as the available human resources for being involved in effective economic activities and providing better living conditions and well-being. In particular, scholars [26] have emphasized that inclusive economic growth depends on income, poverty, quality of life, and gaps between the poor and the rich.…”

Section: Inclusive Economic Growthmentioning

confidence: 99%

“…Based on summarizing the approach for estimating inclusive economic growth, Chaikin and Usiuk [26] defined inclusive economic growth as the available human resources for being involved in effective economic activities and providing better living conditions and well-being. In particular, scholars [26] have emphasized that inclusive economic growth depends on income, poverty, quality of life, and gaps between the poor and the rich. Studies [7,27,28] suggested analyzing inclusive economic growth under the reduction in poverty and pro-poor development.…”

Section: Inclusive Economic Growthmentioning

confidence: 99%

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Inclusive Economic Growth: Relationship between Energy and Governance Efficiency

2023

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The ambitious goal of the European Union (EU) countries is to achieve carbon neutrality by providing inclusive economic growth, which requires the development of relevant incentives and initiatives. Furthermore, such incentives and initiatives should guarantee the achievement of the declared goals. Energy sectors are the core determinant of inclusive economic growth. Traditional energy resources (coal oriented) have a higher negative impact on nature and people’s well-being than on economic and social benefits. However, the transition to renewable energy raises new issues in achieving goals of inclusive economic growth: affordable and clean energy, responsible energy consumption, and energy infrastructure. The analysis of the theoretical framework found that the digitalization of government could be a core instrument for handling the abovementioned issues. The paper aims to justify the role of green energy in achieving inclusive economic growth empirically. The study applies the following methods: fully modified Ordinary Least Square (OLS) and canonical cointegrating regression. The findings allow concluding that institutional quality passively affects inclusive economic growth and that the digitalization of government has a U-shaped impact on inclusive economic growth. In this case, countries should boost the digital transformation of public services and continuously increase the quality of institutions.

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Section: Inclusive Economic Growthmentioning

confidence: 99%

Section: Inclusive Economic Growthmentioning

confidence: 99%

Inclusive Economic Growth: Relationship between Energy and Governance Efficiency

2023

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“…Cichowicz & Rollnik-Sadowska (2018), Domonkos & Ostrihoň (2015) determined the level of inclusive growth among Central European countries in their studies. The evolution, development, and prospects of implementing an inclusive model of Ukraine's economic growth were carried out by Chaikin & Usiuk (2019). They also determined that the inclusive development model is the most acceptable for Ukraine in modern conditions and is the basis for sustainability and competitiveness in the domestic economy.…”

Section: Literature Reviewmentioning

confidence: 99%

Research Progress and Knowledge Structure of Inclusive Growth: A Bibliometric Analysis

Saher

Tambovceva

Miśkiewicz

2021

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Environmental and socio-political challenges of today show that traditional models of economic growth and valuation methods, which are based primarily on financial profitability, are not always optimal, but the concept of inclusive growth is gaining popularity. In January 2018, the Inclusive Growth and Development Index was presented at the 48th World Economic Forum in Davos. But the relatively new concept of inclusive growth and its economic meaning remains insufficiently studied and needs further research. Accordingly, the paper aims at providing a bibliometric overview to determine the current state of scientific production in "inclusive growth". Scopus Database was selected as the primary data source. The scientific literature was searched based on the titles, abstracts, and author keywords with the following search strategy: "inclusive growth". A time span of 10 years was set, and thus, only literature published from 2012 to 2021 was included. To obtain a more comprehensive analysis VOSviewer 1.6.16 software was used for mapping and visualizing bibliometric networks of scientific publications. A study of the geographical affiliation of researchers in this area showed that the most significant number of publications was published by scientists from the USA, India, Great Britain, China, South Africa, Australia, Spain, Italy, Canada, and Germany. The average growth rate of publications in this field is the highest among scientists in Spain, Italy, and China. The interest in the topic is constantly growing. As a result of a bibliometric analysis of 2000 publications indexed by the Scopus database from 2012 to 2021, devoted to the issues of inclusive growth, 8 clusters were identified: environmental problems, role, and opportunities of stakeholders in increasing inclusive growth, population movement under the influence of micro-and macro-environmental factors to achieve sustainable development goals, inequality, analysis of economic and population development factors in the context of achieving sustainable development goals, inclusive growth essence, and parameters, poverty. The issues of regional aspects and mechanisms for attaining inclusive growth goals, as well as issues of regulating and ensuring stakeholders' interests, including issues of communication and promotion of inclusive growth paradigm, risk assessment of implementing inclusive economic principles, and formalization of impact factors remain unexplored.

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