Financing of Sustainable Development Goals (SDGs): Challenges and Opportunities [Hardcover]

The economic and social impact of Covid-19 pandemic both on developing and developed countries has been significant. In addition to the impact of the pandemic, the current Ukraine war has also led to severe supply chain disruptions leading to a sharp increase in food and commodity prices globally. Due to a combination of external shocks and the impact of the pandemic, global economic growth slowed down and is projected to continue to decline. The above factors have led to a sharp increase in government expenditure constraining both developed and developing countries' fiscal capacity. This has further implications for the achievement of SDGs, especially for low-income countries. The challenge for developing countries in the current scenario is to mobilize adequate resources both from domestic and international sources, not just for the achievement of SDGs as such, but also to sustain the livelihoods, health, and welfare of people. This book aims to examine some of these issues in the context of developing countries.

Foreword to Financing of the Sustainable Development Goals (SDGs): Challenges and Opportunities

Saleem H. Ali

As we approach the 2030 milestone that was set forth by the United Nations to attain seventeen key development goals, financing remains the ultimate challenge to their attainment. International conflicts have further stretched public sector discretionary spending on development and global uncertainty on economic growth has stymied private sector investment in a range of key infrastructure projects. At this pivotal moment, Arora and Sarker have assembled a timely anthology of leading experts from both the Global North and South to both evaluate past performl3x