Download - What is Economic Inclusion?
Concepto de la Inclusion Economica
PANEL
Andy WestwoodOECD
Quito, 16 y 17 de diciembre del 2010
‘access to and participation in economic activityabove poverty or subsistence levels and sustainedover time’(Centre for
Economic
and
Social Inclusion, UK)
• Work, income(s), wealth• Employment, economic
activity, careers
• Financial
security, resilience
• Economic
and
social mobility, better
‘life
chances’
• Economic
development, growth
• High
employment
levels
• Training, skills
What
is
‘Economic
Inclusion’
What
are its features
and
definitions?
What
is
‘Economic
Inclusion’
and
how can it
be measured
or
improved?
• At
the
individual level?
• At
the
level
of
the
family/household?
• At
a geographical
level
–
communities, neighbourhoods, cities, regions?
… and is economic inclusion a short (snapshot) or longer term concept?
Sustainable and longer-term policy interventions:
• Welfare to workforce development• Training to human capital development• Enterprise to economic development• Any jobs to ‘more and better’
jobs
• Trade to high value trade (specialisation, added value, internationalisation)
• Creating and preserving
economic activity
in challenging local and international conditions
• Developing social capital -
trust, business is
easier and less costly
• Economic development depends on
local assets and markets, capital, enterprise
• Supporting social economy and third sector to
develop economic inclusion
Economic
and
social inclusion...
• Support entrepreneurship and economic development (private, social) –
especially locally ‘rooted’
businesses
including SMEs
• Identify and support economic ‘assets’(eg
key public services, business clusters,
colleges, universities
• Build and retain communities’
human capital,
leadership
Economic
inclusion
at
the
local level:
Businesses and services
buying and trading locally
Local Multiplier
Effect driving up
social capital
and economy
Attracting
money, wages
and investment
into locality, but
increasing local
earnings and
spending
Building social
capital – networks,
volunteering,
community
activities, cultureSupporting local
employment
and enterprise
Replacing ‘imports’
with local products
– and externally
delivered services
with locally
designed activity
User led, co‐
produced or
locally owned
services
Increasing knowledge,
skills and leadership
held in community
Promoting and
supporting innovation
in business and in
public services
Local Multiplier
Effect
–
locking
in knowledge, finance, skills:
• Social enterprises, community businesses, micro finance, SMEs
• Build social capital –
volunteering,
stakeholding
• But also build and support businesses too
Actors
in local economic
development:
• Multiple definitions• Multiple actors• Multiple benefits• Relative not absolute concept –
ever shifting
• Economic inclusion and social inclusion go together• Develop a sustainable economic model• Support long term definitions of inclusion across
individuals, households and localities
• Things that can be delivered, managed or owned from ‘outside’
provide less long term benefit and can disappear quickly
Economic
Inclusion: