inclusive growth index infographic
TRANSCRIPT
M A P P I N G T H E P A T H T O F U T U R E P R O S P E R I T Y W I T H
INCLUSIVEGROWTH
WHAT IS IT?INCLUSIVE GROWTHis about countries grow...It is about providing more people with income andjob opportunities so that the benefits ofeconomic growth are more broadly shared.
INCOME INEQUALITY#1 challenge facing the world
According to the World Economic Forum’s 2015 Global Outlook Report
how
HOWEMERGING MARKETS CAN
WHYIS IT IMPORTANT?
INCLUSIVE GROWTHcan set in motion a virtuous cycle
creating sustained poverty reduction
Helps businessesdrive innovation andattract investment
Income and job opportunitiesfor the vast majority create rising
social and economic mobility
Growing and increasinglyprosperous
middle class
More sustainabledomestic demand
HOWEMERGING MARKETS CAN CREATE INCLUSIVE GROWTH
ACCESS TO ECONOMICOPPORTUNITIES
EDUCATION& HEALTH
GENDEREQUALITY
FINANCIALINCLUSION
BASICUTILITIES
Gender equality: provides women greater access to education, jobs, financial services and political representation, generating
significant positive spillover effects for entire economies
Financial inclusion: access to safe, secure and affordable financial services is a force multiplier, empowering individuals
and entrepreneurs to control their own economic destiny
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Inclusive growth provides a powerfulimpetus for governments to deliver publicservices more effectively and efficiently,benefitting individuals and businesses alike
BETTERGOVERNANCE
#2
Greater employment-intensive investment benefits small and medium businesses, opening new opportunities for entrepreneurs and job-seekers
This drives up domestic consumptionenabling investment and consumption to expand together and become mutually supportive
Whether emerging markets stand or fall individually will depend on howwell they can IGNITE INCLUSIVE GROWTH to set the course for a more robust and sustainable future.
INVESTMENT IN EMPLOYMENTOPPORTUNITIES
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THE EMERGING MARKETSINCLUSIVE GROWTH INDEX
The MasterCard Center for Inclusive Growth evaluated… 60 emerging markets measuring 15 key indicators, including:
governance
economic growthand expanding
economic opportunityemploymentproductivity
equalityof outcome
access to economicopportunity
The Inclusive Growth Index measures these indicators in relation to the “best practices” represented by 10 developed countries.
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EMERGINGMARKETSTOP 10
75.2
52.4
70.2
81.0
54.8
77.1
76.5
42.2
63.2
79.9
50.7
77.2
69.0
54.9
67.8
34.6
46.0
42.5
31.2
35.8
31.9
18.0
29.7
26.9
39.4
© 2014 MasterCard Center for Inclusive Growth Source: Dr. Yuwa Hedrick-Wong, Mapping the Path to Future Prosperity: Emerging Markets Inclusive Growth Index, Q1 2014
49.8
92.991.6
23.1
85.4
76.0DEVELOPEDCOUNTRIES
BENCHMARK
2013 IGI SCORE
60.6TURKEY
60.5MALAYSIA
55.6ARGENTINA
52.7COSTA RICA
52.7ROMANIA
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#6
#7
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70.2
44.9
70.3
70.0
33.8
59.2
79.5
44.3
71.0
81.8
59.6
68.5
63.7
65.5
78.2
20.2
31.4
21.2
42.3
19.5
35.6
11.2
38.9
11.6
21.2
52.2MEXICO
50.4LEBANON
50.3BULGARIA
48.3THAILAND
47.9BOTSWANA
The Inclusive Growth Index measures these indicators in relation to the “best practices” represented by 10 developed countries.
www.mastercardcenter.org
ACCESS TO ECONOMIC OPPORTUNITY
GOVERNANCE
EMPLOYMENT & PRODUCTIVITY
EQUALITY OF OUTCOME
ECONOMIC GROWTH & EXPANDING ECONOMIC OPPORTUNITY