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

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  • Garcia-Escribano, Mercedes
  • Mogues, Tewodaj
  • Moszoro, Marian
  • Soto, Mauricio

Abstract

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.

Suggested Citation

  • Garcia-Escribano, Mercedes & Mogues, Tewodaj & Moszoro, Marian & Soto, Mauricio, 2022. "The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India," MPRA Paper 117232, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117232
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    References listed on IDEAS

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    1. Fay, Marianne & Yepes, Tito, 2003. "Investing in infrastructure : what is needed from 2000 to 2010?," Policy Research Working Paper Series 3102, The World Bank.
    2. Shikha Jha & Rosa Mia Arao, 2018. "Infrastructure Financing in South Asia," Working Papers id:12927, eSocialSciences.
    3. Soto, Mauricio & Moszoro, Marian W. & Pico, Julieth, 2020. "Nigeria---Additional Spending Toward Sustainable Development Goals," MPRA Paper 101593, University Library of Munich, Germany.
    4. Muralidharan, Karthik & Das, Jishnu & Holla, Alaka & Mohpal, Aakash, 2017. "The fiscal cost of weak governance: Evidence from teacher absence in India," Journal of Public Economics, Elsevier, vol. 145(C), pages 116-135.
    5. Miss Candice Y Liu & Ms. Mercedes Garcia-Escribano, 2017. "Expenditure Assessment Tool," IMF Technical Notes and Manuals 2017/006, International Monetary Fund.
    6. Delphine Prady & Mouhamadou Sy, 2019. "The Spending Challenge for Reaching the SDGs in Sub-Saharan Africa: Lessons Learned from Benin and Rwanda," IMF Working Papers 2019/270, International Monetary Fund.
    7. Candice Y Liu & Mercedes Garcia-Escribano, 2017. "Expenditure Assessment Tool," IMF Technical Notes and Manuals 17/06, International Monetary Fund.
    8. Ms. Manuela Goretti & Mr. Daisaku Kihara & Mr. Ranil M Salgado & Ms. Anne Marie Gulde, 2019. "Is South Asia Ready for Take Off?: A Sustainable and Inclusive Growth Agenda," IMF Departmental Papers / Policy Papers 2019/016, International Monetary Fund.
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    2. Omid Sabbaghi, 2024. "The United Nations Sustainable Development Goals and global finance: Recent evidence," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4020-4033, September.
    3. Ninditya Nareswari & Małgorzata Tarczyńska‐Łuniewska & Katarzyna Szopik‐Depczyńska & Grațiela Georgiana Noja, 2025. "Exploring Asia's Sustainable Future: A Panel Causality Analysis of Financial Growth, Technology, and Institutional Quality in Achieving Sustainable Development Goals," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(4), pages 5185-5196, August.

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    Keywords

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    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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