Exploring the Experience of the World's Leading Countries in Inclusive Growth as Part of the Post-Industrial Economy: Challenges and Perspectives

Zoriana Gontar (), Vasyl Marchuk (), Olena Durman (), Nataliia Denkovych () and Vasyl Dudkevych ()
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Zoriana Gontar: Lviv State University of Security Life Activity, Ukraine
Vasyl Marchuk: Vasyl Stefanyk Precarpathian National University, Ukraine
Olena Durman: Kherson National Technical University, Ukraine
Nataliia Denkovych: Lviv Polytechnic National University, Ukraine
Vasyl Dudkevych: Vasyl Stefanyk Precarpathian National University, Ukraine

Postmodern Openings, 2020, vol. 11, issue 2Sup1, 222-237

Abstract: The main goal of the article is to study the experience of leading countries in the field of inclusive growth.The article considers the main prerequisites for the emergence of inclusive economic growth in the context of ensuring the interests of all segments of the population of the world community. The importance of introducing inclusive programs in the socio-economic sphere of each country is substantiated as the main prerequisite for ensuring economic security, stability and the development of democratization of society. The basic structure of the inclusive growth of the economy was analysed in terms of its main indicators, which together constitute a comprehensive structure for assessing the level of economic stability and democracy. The numerical values of the main indicators of inclusive growth were considered among the representative countries that have been on the leading positions in the field of introducing inclusive growth in their own economies for more than a year. Specific programs for inclusive growth were reviewed among the countries that were being considered. For clarity, countries from different geographical latitudes and with various established paradigms of economic relations were selected as the countries to be accepted. The article examined the programs of inclusive growth of such countries as Norway, Sweden, China and the United States of America. For each country, the main premises, prerequisites, successes and shortcomings of the implementation of inclusive economic growth programs were identified.

Keywords: inclusive growth; development; economic relations; inclusive growth index; inclusive growth rates (search for similar items in EconPapers)
JEL-codes: A23 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev3rl:v:11:y:2020:i:2sup1:p:222-237

DOI: 10.18662/po/11.2Sup1/189

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