The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

Author: Mercedes García-Escribano

Publisher: International Monetary Fund

Published: 2021-12-17

Total Pages: 33

ISBN-13: 1616355654

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South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong commitment to the Sustainable Development Goals (SDG) Agenda. This paper focuses on the medium-term development challenges that South Asia, and in particular India, faces to ensure substantial progress along the SDGs by 2030. We estimate the additional spending needed in critical areas of human capital (health and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five sectors for India relative to other South Asian countries and discuss implications for policy and reform.


The Spending Challenge of Achieving the SDGs in South Asia

The Spending Challenge of Achieving the SDGs in South Asia

Author: Mercedes García-Escribano

Publisher:

Published: 2023

Total Pages: 0

ISBN-13:

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South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong commitment to the Sustainable Development Goals Agenda. This chapter focuses on the medium-term development challenges that South Asia, and in particular India, faces to ensure substantial progress along the Sustainable Development Goals by 2030. We estimate the additional spending needed in critical areas of human capital (health and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five sectors for India relative to other South Asian countries and discuss implications for policy and reform.


Pakistan: Spending Needs for Reaching Sustainable Development Goals (SDGs)

Pakistan: Spending Needs for Reaching Sustainable Development Goals (SDGs)

Author: Fernanda Brollo

Publisher: International Monetary Fund

Published: 2021-04-29

Total Pages: 21

ISBN-13: 1513582399

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This paper assesses the additional spending required to make substantial progress towards achieving the SDGs in Pakistan. We focus on critical areas of human (education and health) and physical (electricity, roads, and water and sanitation) capital. For each sector, we document the progress to date, assess where Pakistan stands relative to its peers, highlight key challenges, and estimate the additional spending required to make substantial progress. The estimates for the additional spending are derived using the IMF SDG costing methodology. We find that to achieve the SDGs in these sectors would require additional annual spending of about 16 percent of GDP in 2030 from the public and private sectors combined.


South Asia's Path to Resilient Growth

South Asia's Path to Resilient Growth

Author: Mr. Ranil M Salgado

Publisher: International Monetary Fund

Published: 2022-12-23

Total Pages: 351

ISBN-13:

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South Asia’s Path to Sustainable and Inclusive Growth highlights the remarkable development progress in South Asia and how the region can advance in the aftermath of the COVID-19 pandemic. Steps include a renewed push toward greater trade and financial openness, while responding proactively to the distributional impact and dislocation associated with this structural transformation. Promoting a green and digital recovery remains important. The book explores ways to accelerate the income convergence process in the region, leveraging on the still-large potential demographic dividend in most of the countries. These include greater economic diversification and export sophistication, trade and foreign direct investment liberalization and participation in global value chains amid shifting regional and global conditions, financial development, and investment in human capital.


The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa: Lessons Learned from Benin and Rwanda

The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa: Lessons Learned from Benin and Rwanda

Author: Delphine Prady

Publisher: International Monetary Fund

Published: 2019-12-06

Total Pages: 26

ISBN-13: 1513523066

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This paper documents the additional spending that is required for sub-Saharan Africa (SSA) to achieve meaningful progress in SDGs by 2030. Benin and Rwanda are presented in detail through case studies. The main lessons are: i) average additional spending across SSA is significant, at 19 percent of GDP in 2030; ii) countries must prioritize their development objectives according to their capacity to deliver satisfactory outcomes, iii) financing strategies should articulate multiple sources given the scale of additional spending, and iv) strong national ownership of SDGs is key and should be reflected in long-term development plans and medium-term policy commitments.


Meeting Asia's Infrastructure Needs

Meeting Asia's Infrastructure Needs

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2017-02-01

Total Pages: 235

ISBN-13: 9292577549

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Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.


Sustainable Development Report 2021

Sustainable Development Report 2021

Author: Jeffrey Sachs

Publisher: Cambridge University Press

Published: 2021-10-14

Total Pages: 517

ISBN-13: 1009098918

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Contains insights on current issues in research on sustainable development, featuring the SDG Index and Dashboards.


Achieving Sustainable Development and Promoting Development Cooperation

Achieving Sustainable Development and Promoting Development Cooperation

Author: Department of Economic & Social Affairs

Publisher: United Nations Publications

Published: 2008

Total Pages: 295

ISBN-13: 9789211045871

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This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.


The Political Economy of Education in South Asia

The Political Economy of Education in South Asia

Author: John Richards

Publisher: University of Toronto Press

Published: 2021-12-17

Total Pages: 256

ISBN-13: 1487517580

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With the exception of Sri Lanka, South Asian countries have not achieved quality basic education – an essential measure for escaping poverty, inequality, and social exclusion. In The Political Economy of Education in South Asia, John Richards, Manzoor Ahmed, and Shahidul Islam emphasize the importance of a dynamic system for education policy. The Political Economy of Education in South Asia documents the weak core competency (reading and math) outcomes in government primary schools in India, Pakistan, Bangladesh, and Nepal, and the consequent rapid growth of non-government schools over the last two decades. It compares the training, hiring, and management of teachers in South Asian schools to successful national systems ranging from Singapore to Finland. Discussing reform options, it makes the case public good and public priorities are better served when both public and non-government providers come under a strong public policy and accountability framework. The Political Economy of Education in South Asia draws on the authors' broad engagement in education research and practice in South Asia, as well as analysis by prominent professors of education and NGO leaders, to place basic education in a broad context and make the case that universal literacy and numeracy are necessary foundations for economic growth.