Inclusive growth: the great metropolitan strategic challenge

Joan Trullén ()
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Joan Trullén: Institut d'Estudis Regionals i Metropolitans de Barcelona

No 1501, Institut Metròpoli Working Paper in economics from Institut Metròpoli

Abstract: The objective of the paper is to present the economic and territorial aspects that should be considered in the design of a new metropolitan strategy seeking to promote a new economic and territorial model where economic growth is compatible with a reduction in unemployment and an improvement in income distribution. The basic thesis are: i) the economic and territorial strategy is based on a model that seeks to accelerate economic growth and boost employment, which is the ultimate goal of the strategy; ii) the territorial factors are key to the new model of economic growth and account for a significant part of productivity growth; iii) this growth must be based on a continued search for competitive positions in international trade; iv) within this model of growth it is necessary to increase the weight of industrial activities in general and of advanced tertiary; v) the increase in the weight of these activities should translate into a greater share of wages in the functional distribution of income, improving personal income distribution, and vi) consequently, a process of inclusive growth would be achieved.

Keywords: metropolitan policy; inclusive growth; urban and regional development; economic growth (search for similar items in EconPapers)
JEL-codes: R11 R12 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2015-10
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