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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
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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. Ahmed, Vaqar & Abbas, Ahsan & Ahmed, Sofia, 2013. "Public Infrastructure and economic growth in Pakistan: a dynamic CGE-microsimulation analysis," PEP Working Papers 164414, Partnership for Economic Policy (PEP).
    3. Vaqar Ahmed & Ahsan Abbas & Saira Ahmed, 2013. "Public Infrastructure and Economic Growth in Pakistan: A Dynamic CGE-Microsimulation Analysis," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: John Cockburn & Yazid Dissou & Jean-Yves Duclos & Luca Tiberti (ed.), Infrastructure and Economic Growth in Asia, edition 127, pages 117-143, Springer.
    4. 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.
    5. Aviral Kumar Tiwari & Muhammad Shahbaz & Faridul Islam, 2013. "Does financial development increase rural‐urban income inequality?," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(2), pages 151-168, January.
    6. Ahmed, Vaqar & Abbas, Ahsan & Ahmed, Sofia, 2013. "Public infrastructure and economic growth in Pakistan," PEP Policy Briefs 159855, Partnership for Economic Policy (PEP).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Gharleghi, Behrooz & Popov, Vladimir, 2018. "Farewell to Agriculture? Productivity Trends and the Competitiveness of Agriculture in Central Asia," MPRA Paper 89520, University Library of Munich, Germany.
    2. Popov, Vladimir, 2019. "Successes and failures of industrial policy: Lessons from transition (post-communist) economies of Europe and Asia," MPRA Paper 95332, University Library of Munich, Germany.

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    More about this item

    Keywords

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

    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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