Steadily improving economic performance provides a valuable opportunity to mobilize financing for development, says UN report
Bangkok (ESCAP News) – Mobilizing financing for development remains a fundamental priority in the Asia-Pacific region. The robust growth registered by the region in 2017 and promising prospects for this year provides the opportunity to meet this objective, according to a major United Nations report launched in Bangkok today.
Taking advantage of the current favorable economic conditions, economies need to address vulnerabilities and enhance their resilience, inclusiveness and sustainability. Implementation of several policy initiatives to achieve this transformation will require mobilizing domestic public financial resources and leveraging private capital, the report noted. More
With sustainable development at the core of the United Nations development agenda beyond 2015, the Asian and Pacific region needs a new development paradigm. Although the integration of the three dimensions of sustainable development – economic growth, social progress and environmental protection – is an agreed priority, the “how” of integration is less well defined. Continue reading →
The growth potential of Asia-Pacific developing economies is being held back by infrastructure shortages and the excessive commodity dependence of some countries. For sustainable development to succeed, economic growth must be made more inclusive, urges the latest flagship publication of the United Nations Economic and Social Continue reading →
The Economic and Social Survey of Asia and the Pacific is the oldest and most comprehensive annual review of economic and social development in Asia and the Pacific. This flagship publication of ESCAP outlines policies to sustain dynamic growth and to make it inclusive such as unlocking fiscal space to finance higher productive government spending and enhancing regional connectivity through stronger institutional coordination across the region. Continue reading →