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The United Nations Sustainable Development Goals and human capital: the case of Azerbaijan

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  • Omid Sabbaghi

Abstract

Purpose - This article aims to relate investments in human capital to the United Nations Sustainable Development Goals (UN SDGs), and examine the spending levels necessary to achieve high performance in related SDG sectors for Azerbaijan. Design/methodology/approach - Employing data from the World Bank, the empirical approach undertaken in this study relies on peer analysis by examining spending levels for nations exhibiting similar income levels and geographical proximity to Azerbaijan. Findings - This study estimates that total spending in education would need to increase by 0.4 percentage points of GDP by 2030, while total spending in health would need to increase by 5.9 percentage points of GDP by 2030 for Azerbaijan. Originality/value - This study contributes to the literature by conducting an empirical analysis in which other nations can emulate in measuring their relative progress on human capital investments and related UN SDGs. Peer review - The peer review history for this article is available at:https://publons.com/publon/10.1108/IJSE-02-2023-0137

Suggested Citation

  • Omid Sabbaghi, 2023. "The United Nations Sustainable Development Goals and human capital: the case of Azerbaijan," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 51(5), pages 655-668, October.
    • Handle: RePEc:eme:ijsepp:ijse-02-2023-0137
    DOI: 10.1108/IJSE-02-2023-0137
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    More about this item

    Keywords

    Sustainable development goals; Sustainability; Human capital; Economic development; E24; H51; H52; Q01; Q56;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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