Why is inclusive growth more important than just high GDP numbers?
Answer (1)
Inclusive growth means that the benefits of economic growth are felt by all sectors of society, not just the wealthy or big businesses. While high GDP numbers show that a country is producing more, they don’t explain if ordinary people are actually getting jobs, better wages, or improved services.For example, under President Aquino III, the Philippines experienced high GDP growth. But many poor families in provinces still lived without access to healthcare, good schools, or clean water. Economic progress didn’t reach them. That’s why inclusive growth focuses on programs like 4Ps, rural development, education, and small business support. Everyone has a chance to improve their lives.A country is truly successful not just when its economy is growing, but when the quality of life improves for the majority of its people. That’s the kind of growth that builds a strong and united nation.
