Public spending as a driving force for inclusive economic development and the achievement of the Sustainable Development Goals

2020 ◽  
pp. 121-157
Author(s):  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Driving Force ◽  
Sustainable Development Goals ◽  
Public Spending ◽  
The Sustainable Development ◽  
Development Goals

scholarly journals Dynamics of Public Spending on Health and Socio-Economic Development in the European Union: An Analysis from the Perspective of the Sustainable Development Goals

Healthcare ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 353
Author(s):  
Antonio Rafael Peña-Sánchez ◽  
José Ruiz-Chico ◽  
Mercedes Jiménez-García
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Economic Development ◽  
Sustainable Development Goals ◽  
Public Spending ◽  
Well Being ◽  
The Sustainable Development ◽  
Socio Economic Development ◽  
Development Goals ◽  
Per Capita

In recent years, healthcare has become a fundamental pillar of the level of well-being of any society. With the aim of improving the lives of countries and societies, in 2015 the United Nations (UN) approved the 2030 Agenda for Sustainable Development. Among the Sustainable Development Goals (SDGs) set out in the Agenda are health and well-being (O3) and the reduction of inequalities (O10). The general objective of this paper is to analyse the impact that the level of socioeconomic development, as well as the evolution of inequalities, have had on public spending on health in European Union countries. The research methodology is based on the application of a regression model and statistical techniques such as sigma convergence, beta convergence and the Gini index. We can see that the levels of public spending on health per capita, the level of socio-economic development and the degree of inequality are closely related in these countries. For this reason, we suggest maintaining sustainable economic growth to reduce the economic disparities between EU countries, and also the current differences in public spending on health per capita.

Sustainable Development Goals and progressive business models for economic transformation

2019 ◽  
Vol 34 (6) ◽  
pp. 510-524 ◽  
Author(s):  
Jacob D Rendtorff
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Corporate Social Responsibility ◽  
Business Ethics ◽  
Social Responsibility ◽  
Sustainable Development Goals ◽  
Economic Transformation ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social

This paper analyses the Sustainable Development Goals of the United Nations in the 2030 ‘Transforming the World’ Agenda, from 2015, as a contribution to business ethics and ethical economy. The Sustainable Development Goals combine political aims with visions of economic development and social justice and are therefore important for business ethics and corporate social responsibility. Thus, the Sustainable Development Goals constitute a driver for ethical economic development and social change. However, there is a need for critical analysis of the possibilities of Sustainable Development Goals of functioning as a vision and a strategic tool for management and governance. The aim of the paper is to investigate these possibilities of the Sustainable Development Goals of contributing to business ethics and ethical economy with mobilization of business, public institutions and organizations, and non-governmental organizations. After presenting the Sustainable Development Goals, the paper critically discusses their scope and potential for corporate social responsibility, business ethics and corporate sustainability. This involves the problem of how the Sustainable Development Goals can contribute to a transformation towards another economy. As a contribution to business ethics, the paper elaborates on partnerships for Sustainable Development Goals, sustainable performance management systems and the Sustainable Development Goal Compass with the aim of interpreting Sustainable Development Goals as a basis for progressive business ethics models.

A PANORAMA ON THE EVOLUTION, PROCESS AND CHANGES OF EIA IN INDIA AND ITS EVALUATION USING SOAR ANALYSIS

2022 ◽  
Vol 13 (1) ◽  
pp. 0-0
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Development ◽  
Environmental Sustainability ◽  
Sustainable Development Goals ◽  
Evolution Process ◽  
The Sustainable Development ◽  
Healthy Environment ◽  
Development Goals ◽  
Critical Overview

Economic development and environmental degradation are usually inversely proportional to each other and this can be reversed by endorsing more eco-competent growth policies. Although with the prompt economic growth, the concern of environmental sustainability is still a major challenge for every country. EIA since its inception has been considered as a holistic tool in assessing the potential impacts of developmental projects on the natural environment. EIA in India was first launched in 1994 and since then it has been undergoing a renaissance, and now several developmental projects have to obtain necessary environmental clearance as per the EIA notification 2006. This paper focuses on a critical overview of the evolution, process, and changes. Evaluation of the process using SOAR analysis helps in increasing the transparency and efficacy in the EIA. This research finally concludes by inferring that EIA if exercised properly shall not only ensure a clean and healthy environment but also shall aid the nation in achieving the Sustainable Development Goals (SDG).

scholarly journals Financial role in supporting the sustainable development goals in ASEAN

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Osangthammanont Anantachoke
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Low Income ◽  
Sustainable Development Goals ◽  
Addis Ababa ◽  
Financial Sector ◽  
Low Income Countries ◽  
The Sustainable Development ◽  
Lower Priority ◽  
Development Goals

Financial sector plays a crucial role in helping a country attaining the Sustainable Development Goals (SDGs) as Financial Means of Implementation (MoI) in the Addis Ababa Action Agenda (AAAA). This report seeks to study sources and uses of fund for the SDGs and evaluate whether the role of the financial sector in ASEAN complies with the AAAA. The study shows that available sources of funds and the level of national incomes or the level of a country’s economic development are closely related. Overall, ASEAN gives the highest priority to economic development, creation of innovation and infrastructure investment (SDG 8 and SDG 9), while environmental development and earth conservation appear to receive lower priority (SDG12- SDG15). Furthermore, low-income countries, such as CLMV countries, cannot afford to finance their SDGs initiatives and hence make slow progress in the SDGs. The per-capita SDGs fund, a proxy for quality of investment in sustainable development, is also differed by the level of country’s incomes. The report also proposes a set of policy recommendations for the development of the financial sector’s role in the SDGs as well as possible innovative financing for development.

scholarly journals Doing More with Less

2019 ◽  
Vol 15 (304) ◽  
Author(s):  
Valentina Flamini ◽  
Mauricio Soto
Keyword(s):  
Sustainable Development ◽  
Health Education ◽  
Sustainable Development Goals ◽  
Public Spending ◽  
Quality Of Services ◽  
The Sustainable Development ◽  
Percentage Points ◽  
Development Goals

Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and health (up to 2.5 percentage points of GDP) without compromising the quality of services but additional investments for over 3 percent of GDP per year are needed to close large infrastructure gaps in roads, water, and electricity by 2030. Brazil can do more with less, but increasing efficiency of public spending will require substantial reforms.

scholarly journals Industrial policy of increasing resource efficiency and the achievement of the sustainable development goals

2021 ◽  
Vol 21 (4) ◽  
pp. 153-173
Author(s):  
Dmitry Skobelev
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Industrial Policy ◽  
Sustainable Development Goals ◽  
Resource Efficiency ◽  
Synthesis Methods ◽  
The Sustainable Development ◽  
Secondary Resources ◽  
Economic Cycles ◽  
Development Goals

Global trends in economic development definitively reflect priorities of the sustainable development. Over recent decades the global economy has enjoyed a successfully functioning mechanism for balancing economic and resource and environmental priorities based on the concept of the Best Available Techniques (BAT). The research aims to formulate the industrial policy on modernising resource-intensive industries with regard to the BAT principles and involvement of the secondary resources in economic cycles. The author suggests taking these technologies as standards based on which regulators develop obligatory requirements for industry, determine directions and target indicators of reforms. This will allow motivating enterprises to innovate, launch and implement programmes for production modernisation. Methodologically, the research relies on the theories of economic growth, system efficiency, non-cooperative games, technological waves, resource management, and the concept of sustainable development. The author employs analysis and synthesis methods to ensure a systematic and complex approach to framing the industrial policy on increasing resource efficiency. The researcher elaborates on the content of the environmental industrial policy of the Russian Federation (EIP) according to which it is a horizontal tool of industrial policy meant to maintain the improvement of resource efficiency both at microeconomic and macroeconomic levels by introducing BAT and bringing secondary resources into economic cycles. Instead of supporting an unlimited use of natural resources, the state centres its attention on the implementation of new technologies and solutions that maintain the recycling of the secondary resources. Such industrial policy is in line with the UN Sustainable Development Goals. It promotes economic development, industrialisation and innovations, favours transition to responsible models of production and consumption and reduction of the negative impact on the environment. To evaluate the effectiveness of the environmental industrial policy, the researcher suggests considering resource efficiency as a parameter measured in the natural units (consumption of non-renewable resources). In addition, the paper presents the results of the case study demonstrating practical implementation of the EIP tools for achieving the UN Sustainable Development Goals.

Analyzing Zakat as a Social Finance Instrument to Help Achieve the Sustainable Development Goals in Kedah

2021 ◽  
Vol 39 (10) ◽  
Author(s):  
Yusuf HAJI Othman ◽  
Mohd Sholeh Sheh Yusuff ◽  
Abdeltawwab Moustafa Khaled Moawad
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Empirical Evidence ◽  
Sustainable Development Goals ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
The Sustainable Development ◽  
Development Goals ◽  
Muslim Communities ◽  
The Impact

Zakat is a religious obligation that must be complied with by all eligible Muslims. Therefore, it plays a significant role as an Islamic social finance instrument that could finance specific programs to achieve social, political, and economic development among Muslim communities. This study aims to analyze the impact of zakat distribution in achieving sustainable development goals in the state of Kedah, given the constraint faced by the Kedah State Zakat Board. This study employs secondary data and documentation and uses descriptive analysis to analyze the data and answer the research objective to provide empirical evidence and justifications to the analysis. This study reveals that zakat distribution in Kedah, Malaysia was in line with sustainable development goals (SDGs). Thus, there is excellent potential to achieve the SDGs provided that zakat institutions make specific alignments and improvements to improve the effectiveness of zakat distribution to achieve the targeted SDGs. However, its success still depends upon the amount of zakat collection and better management.  

scholarly journals Georgia’s Transit Potential – Country’s Competitive Advantage

2021 ◽  
Vol 16 (02) ◽  
pp. 42-57
Author(s):  
Giorgi Abashishvili Giorgi Abashishvili
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Competitive Advantage ◽  
Sustainable Development Goals ◽  
The Sustainable Development ◽  
Existing Problems ◽  
Development Goals ◽  
The Impact ◽  
Transport Potential

The recent years witnessed the repeated urgency of Georgia's transport potential. In parallel, Georgia's role in the BRI initiative has become clear. Consequently, Georgia's capabilities have become clearer, however, there are still issues in this regard, the study of which will greatly help the country to achieve SDGs and increase efficiency. To achieve the above objective, complex recommendations have been developed within the scope of the survey that will significantly increase the country's transport potential and attractiveness; however, it should also be noted that the impact of the transit corridor on the achievement of the Sustainable Development Goals (SDGs) to promote inclusive economic development/growth in the long-term perspective should be considered. The survey is dedicated to the analysis of Georgia's transit potential, opportunities, existing problems, challenges and prospects, as well as recommendations for the use of this potential to achieve the country's Sustainable Development Goals (SDGs), which analyzes the country's top priorities, current risks and economic development opportunities. Keywords: Transit potential

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