Globalization, Growth and Inclusiveness

Globalization has been the engine of growth and economic prosperity in many countries in the past 30 years. Yet, some of the poorest countries in the world by the late 70s have made little progress or even experienced economic decline. The majority of these countries is located on the African continent.

However, even within many successful countries the gains from increased integration have not been shared equally. Almost universally, the process of globalization has led to increasing inequalities within both rich and poor economies.

Entire countries as well as certain socio-economic groups within countries have been excluded from the benefits of globalization. Apparently, inclusion is not an inherent feature of the current wave of globalization. Deliberate action from both the private as well as the public sector is hence desirable and needed to make globalization work for the marginalized.

What can be done to help excluded countries to integrate into the global system? How can the benefits from globalization be shared more equally within countries? In sum, how to make (global) growth more inclusive?