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Strategies for Achieving the Sustainable Development Goals (SDGs) in South Asia: Lessons from Policy Simulations

Author

Listed:
  • Nagesh Kumar

    () (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) South and South-West Asia Office)

  • Matthew Hammill

    () (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) South and South-West Asia Office)

  • Selim Raihan

    ()

  • Swayamsiddha Panda

    () (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) South and South-West Asia Office)

Abstract

This paper analyzes the major challenges to achieving sustainable development in South Asia as a basis for articulating development strategies for the achievement of the Sustainable Development Goals (SDGs) in the subregion. It identifies key combinations of dimensions of the 2030 Agenda and SDGs that could form core development priorities and maximize interactions for the achievement of the SDGs. The paper further analyzes the policy impacts from select development priorities within a computable general equilibrium framework on economic growth, poverty reduction and employment, among other parameters of development. The results suggest that an industry-oriented structural transformation, enhancing agricultural productivity through sustainable agriculture and overall efficiency improvements through innovations have the potential to lift an additional 71 million people out of poverty, create 56 million additional jobs in South Asia and boost GDP by 15-30 per cent by 2030 over and above the business-as-usual scenario.

Suggested Citation

  • Nagesh Kumar & Matthew Hammill & Selim Raihan & Swayamsiddha Panda, 2016. "Strategies for Achieving the Sustainable Development Goals (SDGs) in South Asia: Lessons from Policy Simulations," Development Papers 1601, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) South and South-West Asia Office.
  • Handle: RePEc:eap:sswadp:dp1601
    as

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    File URL: http://www.unescap.org/sites/default/files/20160825_SDG%20PolicyStrategies%20South%20Asia_SSWA_DP_1601_final_for%20upload.pdf
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    References listed on IDEAS

    as
    1. Park, Cyn-Young & Mercado, Rogelio, 2015. "Financial Inclusion, Poverty, and Income Inequality in Developing Asia," ADB Economics Working Paper Series 426, Asian Development Bank.
    2. Selim Raihan, 2015. "Effects of Unilateral Trade Liberalization in South Asian countries: Applications of CGE Models," Development Papers 1501, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) South and South-West Asia Office.
    3. Vaqar Ahmed & Ahsan Abbas & Saira Ahmed, 2013. "Public infrastructure and economic growth in Pakistan: a dynamic CGE-microsimulation analysis," Working Papers MPIA 2013-01, PEP-MPIA.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    South Asia; Sustainable Development Goals (SDGs); Industrialization; Agricultural productivity; Economic growth; Computable General Equilibrium Models;

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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