Past Event

Inclusive growth – how reducing inequality can boost growth

The global financial recession has left many advanced countries tackling difficult legacies, characterised by weak productivity and subdued wage growth and exacerbating the inequality gap. In addition, recent international evidence suggests that rising income inequality is detrimental to growth.

Date: September 21, 2015, 1:00 pm Topic:

The global financial recession has left many advanced countries tackling difficult legacies. Weak productivity and subdued wage growth are exacerbating the inequality gap. In addition, recent international evidence suggests that rising income inequality is detrimental to growth. This challenge is common to many advanced nations, within and beyond Europe – but to what extent is it necessary to balance the ambition for a globally competitive economy against the desire to ensure more equal and fair outcomes in society?  Is it possible to have it all, and are there lessons to be shared from elsewhere?

As a small country within the UK and Europe, this is the position in which Scotland finds itself. In response, Scotland’s economic strategy has set a dual mandate to deliver economic success alongside a fairer and more inclusive economy. We were delighted to welcome the Deputy First Minister of Scotland, John Swinney, for a discussion with OECD Senior Economist Romina Boarini.

Event Materials

John Swinney’s Speech
Romina Boarini’s Presentation
Inclusive Growth – Bruegel Event Notes

Schedule

Sep 21, 2015

13:00

Registration and Sandwich Lunch

13:30

Presentation

John Swinney, Deputy First Minister of Scotland and Cabinet Secretary for Finance, Constitution and Economy

13:55

Comments

14:10

Audience Discussion

Chair: Zsolt Darvas, Senior Fellow

14:45

End

Speakers

Romina Boarini

Senior Economist, Head of Measuring Well-Being and Progress Section, OECD

Zsolt Darvas

Senior Fellow

John Swinney

Deputy First Minister of Scotland and Cabinet Secretary for Finance, Constitution and Economy

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevón

matilda.sevon@bruegel.org +32 2 227 4212