Inclusive Economic Growth Diagnosis Of Jambi Province

Author(s):  
Zulgani Zulgani ◽  
Faradina Zevaya

High economic growth is an achievement that is always expected and targeted by a country or region. However, whether this economic growth has been in line with the reduction in poverty, the decrease in unemployed people, and the provision of many and quality jobs is still in question. Thus, the problem that can be studied is whether Jambi Province has been in inclusive economic growth. And, what factors are calculated and analyzed in determining its inclusiveness. The method and data used are the adaptation of the main variables used by the Asian Development Bank (ADB) and the measure of the quality of economic growth is assessed from the IGI (Inclusive Growth Index). The result shows that IGI Jambi Province has an increasing trend during the 2016 – 2020 period, although it is stagnant at a satisfactory level of progress and at the level of satisfaction in 2019 it experienced growth compared to the previous year accompanied by an increase in several sub-dimensions such as the sub-dimension of productive workforce, economic infrastructure, poverty, health, education, sanitation and social protection.Meanwhile, the level of satisfaction with economic growth grew negatively, as well as the subdimensions of gender equality and constant income inequality. Keywords: Economic Growth, IGI, Inclusive Economic, Jambi.

2021 ◽  
Vol 6 (3) ◽  
pp. 181-189
Author(s):  
Zulgani Zulgani ◽  
Faradina Zevaya

Objective - Strong economic growth is an accomplishment that is always awaited and targeted by a country or region. However, whether or not this economic growth has been in line with the reduction in poverty, the decrease in unemployed people, and the provision of many and quality jobs is still in question. Hence, the problem that needs to be investigated is whether the province of Jambi has been in inclusive economic growth and what factors are calculated and analysed for inclusion. Methodology - The method and data used are the adaptation of the main variables used by the Asian Development Bank (ADB), and the measure of the quality of economic growth is assessed from the IGI (Inclusive Growth Index). There is no previous research that scrutinized the Inclusive Growth of Jambi Province. Findings - The results show that IGI of Jambi Province has an increasing trend during the 2016 – 2020 period, although it is stagnant at a satisfactory level of progress. In relation to the level of satisfaction in 2019, it experienced growth compared to the previous year accompanied by an increase in several sub-dimensions such as the sub-dimension of productive workforce, economic infrastructure, poverty, health, education, sanitation and social protection. Meanwhile, the level of satisfaction with economic growth grew negatively, as well as the sub-dimensions of gender equality and constant income inequality. Type of Paper - Empirical Keywords: Economic Growth; IGI; Inclusive Economic; Jambi JEL Classification: O11, O4


2020 ◽  
Vol V (IV) ◽  
pp. 42-49
Author(s):  
Muhammad Masood Anwar ◽  
Aftab Anwar ◽  
Ghulam Yahya Khan

Existing literature focuses on the determinants and ways to enhance economic growth. This, however, neglects the growth benefit to society. Distribution aspect of economic growth is ignored in the previous decades. As a result, the world cannot enjoy the benefits of economic growth. In this paper inclusive growth index (IGI) is used which is constructed by the Asian Development Bank, 2011 to investigate whether the economic growth in Pakistan creates opportunities for the entire population on an equal basis and how political regimes affect the inclusive growth. Performance of the sixteen indicators of inclusive growth index is assessed over the period of 1978-2014, under two Democratic and two dictators' regimes. The result of the study shows that inclusive growth in Pakistan is low. However, the trend of inclusive growth in Pakistan is positive. Inclusive growth can be increase by increase the pace of economic growth besides democratic culture.


2019 ◽  
Vol 19 (230) ◽  
pp. 1
Author(s):  

Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy in recent years. Yet, economic growth, at 3 percent in 2018, has not been robust enough and unemployment remains high, especially among the youth. This reinforces the need for sustaining the recent momentum in reforms toward higher and more inclusive growth, buttressed by the private sector. Key priorities include improving the quality of the education system, the functioning of the labor market, female labor force participation, and the business environment. Since 2012, the Fund has been actively engaged with Morocco through four two-year Precautionary Liquidity Line (PLL) arrangements, the last one approved in December 2018.


2016 ◽  
Vol 4 (2) ◽  
pp. 213-216
Author(s):  
Yogendra Kumar Karki ◽  
Punya Prasad Regmi

Coffee is important beverages of Nepalese farming society having export potentiality for its unique characteristics as majority of coffee are grown in different microclimates with organic in nature. Production of coffee and its plantation area is in increasing trend every year. In the same situation individuals taste is changing towards coffee than other beverages and are forced to buy from different countries to meet the demand of coffee neglecting quality of Nepalese coffee. There is important role of different actors in coffee value chain and consumers play important role as they decide on the value of coffee serving after various step of processing. This study was done in Kathmandu and Lalitpur districts of Nepal to know the preferences and satisfaction level of coffee consumers. Majority of the consumers were satisfied with foreign coffee and they prefer foreign coffee mostly due to high price of Nepalese coffee and also due to lack of awareness on Nepalese coffee. Foreign peoples were found to prefer foreign coffee in comparison to Nepalese coffee (χ²= 23.02***) and generally drink three cup per day (χ²= 13.67***) while Nepalese consumer drink two cup of coffee per day on an average. The survey showed that high market price for Nepalese coffee is major reason for less consumption of Nepalese coffee.Int J Appl Sci Biotechnol, Vol 4(2): 213-216


Author(s):  
Mthuli Ncube

This chapter examines the weak inclusion character of Africa’s economic growth and its implications for employment, income distribution, demographics, and the middle class. After outlining Africa’s impressive growth in the last decade which has not created jobs and not reduced poverty fast enough, it discusses various approaches to inclusive growth in relation to gross domestic product per capita, sub-groups, and pro-poor growth, well-being, and opportunities as opposed to outcomes. It also considers four categories of inclusive growth indicators, namely economic inclusion, social inclusion, spatial inclusion, and political/institutional inclusion. Under economic inclusion, an approach for dealing with inequality is presented. Finally, the article describes an inclusive growth index for African countries for the period 2006–2010, adjusted for inequality.


Author(s):  
Dominique Barjot ◽  
Pierre Lanthier

Rivalry between the United States and Japan over Asian economic growth left its mark on the ‘personality’ of the Asian Development Bank (ADB). The evolution of the ADB provides, therefore, interesting insights as regards the extent to which a principal-agent approach can be used to shed light on this regional development bank’s evolution. Usually, a principal-agent approach opposes the owner (principal) to the manager (agent). Competition observed in the ADB opposes less the principals to the agent than the principals with each other. The ADB Charter ensures regional members a majority of ‘voice’ in the Bank and that smaller members have a minimum of representation. Moreover, competition between the United States and Japan during the 1990s encouraged other member countries to counterbalance the leaders’ influence by increasing their share in voting power. China’s entry into the Bank from 1986 also contributed to diversifying the points of view among the member countries.


2019 ◽  
Vol 17 (1) ◽  
Author(s):  
Muhammad Masood Anwar ◽  
Ghulam Yahya Khan ◽  
Sardar Javaid Iqbal Khan

Inclusive growth is a type of economic growth which is sustained over decades and provides benefits to the entire society. The main objective of the paper is to examine the relationship between economic and inclusive growth. For this purpose, inclusive growth index is constructed by four variables inequality, poverty, employment rate, and enrolment rate. To explore the relationship between economic growth with inclusive growth in Pakistan, time series data from 1971 to 2014 is used. Stationarity of the data is checked through augmented Dickey-Fuller test and on the basis of the different order of integration. Autoregressive distributed lag model is employed. The results of the study show that the growth in Pakistan is not fully inclusive. There is a half-portion of the growth share in the society. Other control variables such as investment have a positive impact, whereas inflation has a negative impact on inclusive growth.


2021 ◽  
Vol 40 (1) ◽  
Author(s):  
Adnan Ali Shahzad ◽  
Hafiz Asim ◽  
Faran Ali

Developing and emerging countries of Asia have shown a tremendous improvement in economic growth rates couple with the significant strides in extreme poverty reduction. However, most of the economies are still facing some challenges like income and non-income disparities in sharing benefits and participation into social and economic activities. It requires attention that economic growth must be accompanied by reduction in poverty and income & non-income inequalities, and promoting equitable participation, i.e. growth must be inclusive. To address these challenges, present study presents a pioneer work to construct a unique but comprehensive inclusive growth index (IGI) over the period of last two decades for 17 Asian and 8 developed countries. The study made a comparative analysis of inclusive growth performances of developing and emerging countries of Asia and compared their final score with the benchmark set by developed countries of the world. The study highlighted the clusters of variables which required attention in developing Asia to converge with emerging Asia, and in emerging Asia to converge with developed world. In short, the study provides a root map for developing countries to merge with emerging countries, and for emerging countries to merge with developed countries.


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