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Public policy and the economics of inclusion

Inclusiveness enhances growth. So a strategy for inclusive growth in developing countries must empower people by including them in networks that make them productive.

Despite having 72 cellphone lines per 100 persons, many Indians must defecate in the open because the median Indian does not have piped water in his house.

Cambridge, Massachusetts

MANY people find economic growth a morally ambiguous goal - palatable, they would argue, only if it is broadly shared and environmentally sustainable. But, as my father likes to say, "Why make something difficult if you can make it impossible?" If we do not know...