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Inclusive Development – Nature, Aspects, Measurement

Milkana Mochurova and Stoyan Totev

Economic Studies journal, 2022, issue 3, 3-16

Abstract: The article makes a critical analysis of the understanding of the concept of “inclusive development”. It is noted that this term and its synonyms became very popular and fashionable at the beginning of the 21st century, which led to their overuse and, thus, in a sense, to their deprivation of content. A critical review has been done on indicators and indices at a national and regional level. The relevance and necessity of applying a clear methodology for the assessment of inclusive development are justified in the light of the analysis that was made. A methodology for defining and assessing inclusive regional development that meets necessary requirements is proposed and justified by the authors of the study. It is based on understandable and easy to define criteria for the assessment of inclusive development. Finally, some general results and conclusions from the methodology are presented.

JEL-codes: Q57 R11 R58 (search for similar items in EconPapers)
Date: 2022
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