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Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold 
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What would you do for peace? The decision to sign the peace agreement with the FARC was an historic decision for Colombia. Now, with a more unified country,Colombia can create a more prosperous and inclusive economy.
Graham Watson's insight:
And more on development: this time confirmation that civil wars have a deleterious effect on growth and development, with Colombia the beneficiary. It is hoped that this will foster inclusive growth.
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Our latest Back to Basics video explains the concept of inclusive growth and why it’s important for governments to reduce poverty and ensure that everyone benefits from economic growth.
Graham Watson's insight:
This simplistic clip looks at the trade-off between the need for social safety nets whilst simultaneously encouraging growth, achieving inclusive growth. It involves ensuring that tax rates are appropriate without being restrictive and balancing interventionist and market-based reforms.
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It may seem odd but the head of the IMF, Kristina Georgieva has invoked John Maynard Keynes in calling for inclusive, sustainable economic growth. In a speech at King's College, Cambridge, she's asserted that there's no reason to believe that there's a trade-off between economic growth and equality, and that, in fact, the next century might be characterised by the two being mutually-reinforcing.