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Economic and Social Survey of Asia and the Pacific 2023

Economic and Social Survey of Asia and the Pacific 2023
Author: United Nations Publications
Publisher: UN
Total Pages: 0
Release: 2023-06-26
Genre: Political Science
ISBN: 9789211208542

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One of the main value additions of the Survey 2023 is a proposal for an augmented Debt Sustainability Analysis (DSA) approach that duly incorporates SDG investment needs, potential socioeconomic and environmental gains, government's structural policies that go beyond financial considerations, and government's resource mobilization strategies and financial capacity. The Survey 2023 also provides new insights on how to prevent potential public debt crises and resolve public debt distress in order to effectively pursue the SDGs. For example, in prevention of public debt crisis, governments will need to explore unconventional policy measures such as leveraging the potential of non-tax policy measures and public assets. In resolving public debt distress governments might need to bring the rising number of commercial debt creditors into discussions with the existing institutional investors, while fundamental policy actions to enhance fiscal resources are still needed, governments will also need to explore unconventional policy measures, such as leveraging the potential of non-tax policy measures and public assets amid rising public indebtedness. In resolving public debt distress, while the emergence of commercial creditors brings new opportunities as many of them are increasingly mindful about the importance of sustainable development, their participation in the existing global debt architecture is virtually missing. At the same time, several unconventional, SDG-aligned debt relief modalities have recently been proposed. Amid these and other changes in the global and Asia-Pacific debt landscapes and rising public indebtedness in the region, it is time to rethink public debt issues in support of the SDGs.


Economic and Social Survey of Asia and the Pacific 2023

Economic and Social Survey of Asia and the Pacific 2023
Author: United Nations Economic and Social Commission for Asia and the Pacific
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN: 9789210025560

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One of the main value additions of the Survey 2023 is a proposal for an augmented Debt Sustainability Analysis (DSA) approach that duly incorporates SDG investment needs, potential socioeconomic and environmental gains, government's structural policies that go beyond financial considerations, and government's resource mobilization strategies and financial capacity. The Survey 2023 also provides new insights on how to prevent potential public debt crises and resolve public debt distress in order to effectively pursue the SDGs. For example, in prevention of public debt crisis, governments will need to explore unconventional policy measures such as leveraging the potential of non-tax policy measures and public assets. In resolving public debt distress governments might need to bring the rising number of commercial debt creditors into discussions with the existing institutional investors, while fundamental policy actions to enhance fiscal resources are still needed, governments will also need to explore unconventional policy measures, such as leveraging the potential of non-tax policy measures and public assets amid rising public indebtedness. In resolving public debt distress, while the emergence of commercial creditors brings new opportunities as many of them are increasingly mindful about the importance of sustainable development, their participation in the existing global debt architecture is virtually missing. At the same time, several unconventional, SDG-aligned debt relief modalities have recently been proposed. Amid these and other changes in the global and Asia-Pacific debt landscapes and rising public indebtedness in the region, it is time to rethink public debt issues in support of the SDGs.


Economic and Social Survey of Asia and the Pacific

Economic and Social Survey of Asia and the Pacific
Author:
Publisher: Routledge
Total Pages: 0
Release: 2003
Genre: Asia
ISBN: 9789211201482

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Most Asian and Pacific economies showed surprising strength in 2002, despitecontinued weaknesses in the world economy. Surging intraregional trade, combined with fiscal stimulus and monetary easing, lifted regional production by approximately 5 percent, 2 points higher than the 2001 rate, and more than 3 points higher than the expansion of global output in 2002. This has raised hopes that the region would experience a modest uplift in economic growth in 2003. Still, the rate of economic expansion was several percentage points below that which prevailed before the crisis of 1997-1998, resulting in lower levels of job creation and new pressures on government budgets, including fiscal allocations for basic social services and poverty reduction.This edition of the Economic and Social Survey of Asia and the Pacific includes an in-depth look at the efforts of the public sector in education and health, in particular to reach women, the poor, people living in rural and remote areas and others to whom greater attention must be paid. Given the large resources required for this, the responsibility for funding cannot be that of the public sector alone but as the Survey indicates, channels that involve civil society and the private sector have to be tapped.The Survey also focuses on environmental degradation, which often accompanies rapid economic growth and adversely affects the lives of the poor in a disproportionate manner. In recognition of these tensions, the Survey examines the links between the environment and poverty as well as the policy options available for improving the environment while reducing poverty. It recommends actions that will help to ensure property rights for the poor, improve access to affordable, environmentally clean technologies and reduce vulnerability to natural disasters through better disaster-management planning.


Economic and Social Survey of Asia and the Pacific 2024

Economic and Social Survey of Asia and the Pacific 2024
Author: United Nations
Publisher: UN
Total Pages: 0
Release: 2024-04-08
Genre: Political Science
ISBN: 9789210031158

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Given the urgency of the SDG Stimulus and that public debt distress is likely to remain a major macroeconomic policy challenge for Asia and the Pacific in coming years, the Survey 2024 will continue to focus on fiscal and public debt challenges and policy options. After outlining the changing economic, financial and development context and its medium-term fiscal implications, the Survey 2024 will dive deeper into policy options that developing Asia-Pacific economies, as debtors and as part of the international community, can explore to boost affordable and long-term financing for essential public spending on sustainable development and reduce the associated sovereign credit risks and costs. In addition to identifying 'what' policy actions should be taken, the Survey 2024 will also give emphasis on 'how to' implement the needed policy actions. Insights from approaches such as political economy, behavioural science, and country case studies will be used.


Economic and Social Survey of Asia and the Pacific

Economic and Social Survey of Asia and the Pacific
Author: United Nations Publications
Publisher: Economic and Social Survey of
Total Pages: 0
Release: 2016
Genre: Business & Economics
ISBN: 9789211207156

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The Survey 2014 will examine the regions challenges to support its economic growth and to promote inclusive and sustainable development. Part I of the report will focus on the regions outlook as it contends with the ongoing global recovery and assesses the regions policy response to remaining and emerging vulnerabilities. A special theme is domestic resource mobilization in Asia-Pacific, which will explore the challenges on strengthening tax revenues. Part II of the report discusses strategic approaches to strengthen regional connectivity to achieve shared prosperity.


Economic and Social Survey of Asia and the Pacific

Economic and Social Survey of Asia and the Pacific
Author: Economic and Social Commission for Asia and the Pacific Staff
Publisher: United Nations Publications
Total Pages: 188
Release: 1996-09-30
Genre: Asia
ISBN: 9789211197099

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The annual Survey provides an extensive annual review of current economic & social trends within the Asian region & analyzes these developments against the background of events in the world economy. This publication is invaluable to every multinational corporation intending to expand their business in Asia or to invest in the region.


Economic and Social Survey of Asia and the Pacific 2022

Economic and Social Survey of Asia and the Pacific 2022
Author: United Nations Publications
Publisher: UN
Total Pages: 206
Release: 2022-05-04
Genre: Political Science
ISBN: 9789211208375

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The Asia-Pacific region has been leading the global economic growth over the past few decades. However, rapid economic growth without sufficient inclusiveness is now constraining the region's future economic and broader development prospects. The COVID-19 pandemic has further revealed the vulnerability of the region due to lack of inclusiveness. The Survey 2021 estimated that 89 million people could have been pushed back into extreme poverty in the region due to COVID-19, contributing to an already increasing trend in income inequality in Asia and the Pacific. Going forward, concerns over a "K-shaped" economic recovery, both within and across countries, and the desire to ensure that the post-pandemic recovery is consistent with long-term inclusive development are broadly shared among policy makers and experts, as revealed during policy dialogues organized to disseminate the messages of Survey 2021. Additionally, international commitment to inclusive development, as manifested in the 2030 Agenda for Sustainable Development, is pushing distributional issues to the forefront of global policy agenda. With a focus on the role of economic policies in promoting inclusive development, the Economic and Social Survey of Asia and the Pacific 2022 will analyze the importance of effective government actions and the role of fiscal, monetary/financial and structural policies in enhancing inclusiveness, keeping in view the considerable impacts of COVID-19 on inclusiveness and inequality.