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Inclusive Growth at a Crossroads : Part One of Strengthening Inclusion and Facilitating the Green Transition.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Economic Updates and Modeling.
World Bank e-Library.
Language:
English
Subjects (All):
Adaptation.
Business Cycles and Stabilization Policies.
Economic Growth.
Economic Recovery.
Employment.
Employment and Unemployment.
Inequality.
Macroeconomics and Economic Growth.
Poverty.
Poverty Reduction.
Public Debt.
Social Protections and Labor.
Local Subjects:
Adaptation.
Business Cycles and Stabilization Policies.
Economic Growth.
Economic Recovery.
Employment.
Employment and Unemployment.
Inequality.
Macroeconomics and Economic Growth.
Poverty.
Poverty Reduction.
Public Debt.
Social Protections and Labor.
Other Title:
Inclusive Growth at a Crossroads
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
The period of the COVID-19 pandemic will be marked and remembered. It will certainly be known for the ongoing health crisis that has reverberated across the world, leading to significant social impacts, rising inequality and poverty rates, and the steepest recession in Europe since World War II. It could, however, also be known as the trigger for a shift towards policies that will enhance developmental and environmental outcomes. With economies at a crossroads, it is up to governments to make this shift happen. Countries in Europe will need to ensure a green, resilient and inclusive recovery. This report explores the impacts of COVID-19 on inclusive growth and considers the policies that are needed to strengthen resilience and to ensure that inclusivity is woven into the fabric of societies.

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