Metro Dynamics has recently developed an Inclusive Growth Toolkit to help places make informed investment decisions. This is an important step towards allowing places to assess the inclusive growth outcomes of interventions or investments, placing inclusivity at the heart of decision-making. The work is an open source contribution freely available to view and use.
Inclusive Growth is becoming an increasingly important issue in the UK. There has been a growing feeling in the country that economic growth does not benefit all places or groups equally. We believe that if future economic growth is to become more inclusive, robust and logical thinking is required.
As the new Mayoral Combined Authorities take control of new investment funds, and further spending is devolved, areas have more control over how money is spent locally. This is a real opportunity to change places for the better. However, if outcomes from spending are to improve, places need new tools to allow them to assess the potential of interventions and investments to foster Inclusive Growth.