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Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond
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. D...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Palgrave Macmillan UK
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9805345/ https://www.ncbi.nlm.nih.gov/pubmed/36620200 http://dx.doi.org/10.1057/s41287-022-00571-9 |
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author | Arora, Rashmi Umesh Sarker, Tapan |
author_facet | Arora, Rashmi Umesh Sarker, Tapan |
author_sort | Arora, Rashmi Umesh |
collection | PubMed |
description | 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 is expected to slow down from 6.1% in 2021 to 3.2% in 2022 and further to 2.7% in 2023 (IMF in: World economic outlook, International Monetary Fund, 2022). 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 mobilise 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 special issue aims to examine some of these issues in the context of developing countries. |
format | Online Article Text |
id | pubmed-9805345 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Palgrave Macmillan UK |
record_format | MEDLINE/PubMed |
spelling | pubmed-98053452023-01-04 Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond Arora, Rashmi Umesh Sarker, Tapan Eur J Dev Res Introduction 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 is expected to slow down from 6.1% in 2021 to 3.2% in 2022 and further to 2.7% in 2023 (IMF in: World economic outlook, International Monetary Fund, 2022). 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 mobilise 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 special issue aims to examine some of these issues in the context of developing countries. Palgrave Macmillan UK 2022-12-31 2023 /pmc/articles/PMC9805345/ /pubmed/36620200 http://dx.doi.org/10.1057/s41287-022-00571-9 Text en © European Association of Development Research and Training Institutes (EADI) 2022, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Introduction Arora, Rashmi Umesh Sarker, Tapan Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title | Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title_full | Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title_fullStr | Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title_full_unstemmed | Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title_short | Financing for Sustainable Development Goals (SDGs) in the Era of COVID-19 and Beyond |
title_sort | financing for sustainable development goals (sdgs) in the era of covid-19 and beyond |
topic | Introduction |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9805345/ https://www.ncbi.nlm.nih.gov/pubmed/36620200 http://dx.doi.org/10.1057/s41287-022-00571-9 |
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