Washington, D.C. —(ENEWSPF)–January 15, 2015. The Inclusive Prosperity Commission, or IPC—a transatlantic group convened by the Center for American Progress and chaired by former U.S. Secretary of the Treasury and CAP Distinguished Senior Fellow Lawrence H. Summers and Shadow Chancellor of the Exchequer in the British Parliament Ed Balls—today released a robust report aimed at establishing sustainable and inclusive prosperity over the long term in developed economies, with a specific focus on raising wages, expanding job growth, and ensuring broadly shared economic growth. In July 2013, CAP announced the creation of the IPC—composed of high-level American and international policymakers, economists, business leaders, and labor representatives—charged with developing new and thoughtful solutions to spur middle-class growth. The report analyzes the global trends that are buffeting the middle class and those who want to get into it, as well as new ideas to address it.
