Economic Resilience: Inclusive Growth
Against the backdrop of a resilient economy and inclusivity, augmented by a durable financial system as well as astute management of resources, productivity will drive steady growth. Meanwhile, an alternative financial system such as Islamic finance, knowledge-based capital, innovation motivated by disruptive technology, internet and entrepreneurship, not only enhance inclusivity but also present new ways to approach economic challenges.
Although steady growth is the key contributor to a resilient economy, equity and inclusivity should be drivers of sustaining growth for the long term. Furthermore, they are fundamental tools to boost the noticeable slowdown of current global economy. The primary players of economic resilience are policymakers, captains of industry and professionals. They must discuss the next big step towards inclusive growth which stimulates sustainability, encourages responsible industrialisation and promotes equality.