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Making effective use of fiscal space for sustainable development

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  • Daniel Jeongdae Lee, Nixie Abarquez, Kiatkanid Pongpanich and Farzana Sharmin

    (Macroeconomic Policy and Financing for Development Division, United Nations Economic and Social Commission for Asia and the Pacific)

Abstract

Agenda for Sustainable Development, through its role in allocating resources to such critical areas as education, health and infrastructure, enhancing income distribution and addressing externalities, both positive and negative (e.g. Research and Development versus pollution). For fiscal policy to support development priorities in a sustainable manner, attention is needed to debt sustainability and other measures of fiscal space. This policy brief assesses how much fiscal space countries in the Asia-Pacific region have, and whether that space is being used effectively.

Suggested Citation

  • Daniel Jeongdae Lee, Nixie Abarquez, Kiatkanid Pongpanich and Farzana Sharmin, 2018. "Making effective use of fiscal space for sustainable development," MPDD Policy Briefs PB65, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:pbmpdd:pb65
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    File URL: http://www.unescap.org/sites/default/files/MPFD%20Policy%20Brief%2065_Fiscal%20space.pdf
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