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

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

December 17, 2021

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Mercedes Garcia-Escribano, Tewodaj Mogues, Marian Moszoro, and Mauricio Soto. The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

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.

Subject: Commodities, Development, Electricity, Health, Population and demographics, Sustainable Development Goals (SDG)

Keywords: Electricity, Health outcome, Human Capital, India, Infrastructure, Physical capital, SDG sector, South Asia, Spending challenge, Spending estimation, Sustainable Development Goals (SDG), Sustainable Development Goals (SDGs)

Publication Details

Pages:

33
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2021/294
Stock No:

WPIEA2021294
ISBN:

9781616355654
ISSN:

1018-5941

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