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Implementing the Sustainable Development Goals is an imperative

On 25 September 2015, the 193 countries of the United Nation’s General Assembly adopted the Sustainable Development Goals (SDGs). This comprehensive set of goals aims to “end poverty, protect the planet, and ensure prosperity for all” as part of a new development agenda. Each goal has specific targets to be achieved by 2030, and by including education, health, poverty, climate change and the gender divide on the list of 17 goals, the SDGs place in stark light some of the seemingly intractable challenges facing the world.

Local growth and development: An era of new priorities
Not so long ago, “globalisation” was a favourite paradigm in international business. It was a trend that began in the late 1970s and accelerated in the 1980s, when corporate takeovers were the order of the day and multinational companies fixated on maximising short-term profits and boosting share prices. One approach was “global sourcing”, also called outsourcing or offshoring. The strategy typically involved moving the company’s operations to wherever labour was cheapest. First the production work went abroad, and then companies were offloading all but their most essential core activities.

africa,climate,environment,energy
Africa’s choice: Business-as-usual or a green agenda?

The Paris Agreement on climate change signals the end of business as usual for energy industries. For the first time in history more than 150 developed and developing countries have promised to reduce greenhouse gas emissions. But how binding are these agreements? And do they provide impetus for local action in Africa?

World trade: Why ministers must act

Creeping protectionism is alive and well. Last year’s monitoring report on trade for the G20 reminded us that of the nearly 1,500 trade-restrictive measures imposed by G20 countries since 2008, fewer than 400 have been removed. The stock of these barriers continues to grow, despite a pledge by the G20 to reduce protectionism. Not surprisingly, given this context, a recent World Trade Organisation (WTO) report concludes that the risks to the international trading system and to trade flows more generally “are tilted to the downside.”

Family-friendly governance in response to demographic challenges

In Hungary, young people want to have bigger families, but concerns over issues like housing and striking a work-life balance appear to be obstacles. In response, the government has introduced a range of family-friendly policies–a vital step in helping families fulfil their dreams and in meeting the challenge of a rapidly ageing population.

The productivity and equality nexus

Productivity growth has slowed since the crisis and inequality of income and opportunity has been getting worse. Could they be impacting each other?

Progress for women and girls in the 2030 Agenda for Sustainable Development

The UN Sustainable Development Goals could be a real game changer for gender issues, with wins in fraught areas such as reproductive rights. But there will be challenges, and opposing voices, to contend with in the years ahead.

development, climate change, cop21, SDGs, sustainable development goals, aid
Build more, build right: Development finance, infrastructure and climate change

The UN Conference on Climate Change in Paris in November-December is the final crucial step in a year which has set forth several global milestones towards shaping a better common future. Tackling climate change is a determining factor in the 17 Sustainable Development Goals (SDGs) agreed in New York in September 2015 in particular; an agreement in Paris would not only bolster all the efforts that led to the historic SDGs, but lift the hopes of everyone on the planet, especially the most vulnerable. 

Mali: Why everyone should care about its future

There are many countries emerging from conflict. Why care about Mali?

Malala, Development
Capturing the “can do” spirit of the Sustainable Development Summit

The adoption of the post-2015 Agenda for Development at the UN Sustainable Development Summit in New York 25-27 September will be an important driver of the OECD’s work for the next decade and beyond. 

southeast asia, aid, green growth, environment
Supporting green growth in Southeast Asia
indonesia, adb, climate change
We have the ingenuity and the financial means to confront climate change

Climate change is the pre-eminent challenge of our time. We need financing to mitigate and adapt to its impacts.  

development, data, paris21
Getting the measure of the Sustainable Development Goals

World leaders have just endorsed 17 Sustainable Development Goals (SDGs) comprising some 169 targets. To have a chance of reaching them, we must also meet another goal: improving our data. 

Aid, development
Why modernise official development assistance?

“To eradicate poverty we need to direct more development assistance and concessional loans to the poorest nations and mobilise much more private finances for development.” Official development assistance (ODA) reached an all-time high of $135.2 billion in 2014. Even so, not all developing countries rely on ODA to the same extent, and to some of them it may seem like a drop in the bucket compared to other international financial flows. However, for the least developed countries, such assistance represents over 70% of available external finance and more than one-third of their total public revenue and expenditure. This highlights the importance of the target set by the United Nations in 1970: for donors to allocate 0.7% of their gross national income as ODA.

T.E.Lawrence, sahara
Eating soup with a knife: Confronting warfare in the Sahara

Insurgency is a cause of underdevelopment in large areas of West Africa, holding back the task of achieving social and economic progress. 

The Global Partnership can help achieve the Sustainable Development Goals

As co-chairs of the Global Partnership for Effective Development Co-operation, my Mexican and Malawian colleagues and I have a huge task–and a huge opportunity–ahead. A new, truly universal development agenda is taking shape and it holds out to all people on this planet the promise of a more equal and sustainable world, with less conflict and less poverty.

Nigeria
Improving Nigerian investment

Since democracy was restored in 1999, Nigeria has engaged in ambitious reforms towards greater market liberalisation and economic openness. By far the most populous country of the continent–with more than 170 million people Nigeria is home to 18% of Africa’s population–it now claims to be the largest
economy in Africa, with an estimated nominal GDP of US$510 billion. Its GDP growth has never been below 5% since 2003, and since 2009, it has become the preferred destination for foreign direct investment (FDI) in Africa, ahead of South Africa.

frankie.org, development
#52 Frankie reaches out for help
New web pages on sustainable development and the refugee crisis
education, pisa, sdg, sustainable development goal
Education post-2015: A currency to invest in

The world is no longer divided between rich and well-educated countries and poor and badly educated ones.

development, pisa, pisa for development, sustainable development goal
Education, learning and the 2030 Agenda for Sustainable Development

Over the last three years, the United Nations has been working to establish a global sustainable development agenda to succeed the eight Millennium Development Goals (MDGs) which expire in 2015. This important agenda, comprising 17 Sustainable Development Goals (SDGs) and 169 targets, is due to be adopted at the UN summit in September in New York.

Africa’s regions offer potential for development policy

What will fuel Africa’s economic growth and development? Will urban centres be the spark? Will agricultural areas drive productivity? The answer is both.

sdg, sustainable, development
Sustainable Development Goals: A revolution begins

As negotiations near conclusion on the Sustainable Development Goals (SDGs), countries are honing in on what it will take to implement them. There are currently 17 goals on the table, and by the time the UN summit to launch the goals takes place in September, the much-emphasised “transformative” nature of the goals could gain traction, as could the “revitalised global partnership” called for under Goal 17.

finance, financial literacy
Why financial literacy matters for development

"Most of our problems are based on finances. Money is always an issue. I have to still provide for both my parents who are not working and make sure they are fed; I must pay their insurance policies because they no longer have the ability to pay them. I don’t earn enough money to afford all of that."

farmer, agriculture, africa
Financing smallholder farmers: Growth potential

Joacquim is a subsistence farmer from Etatara in Mozambique. At 46 years old, he is his family’s sole breadwinner, responsible for supporting his wife and three orphaned grandchildren. He lives in a traditional house, which he is unable to use as collateral, and grows maize, sorghum, cassava and beans. They consume a lot of the produce themselves, and what is not consumed is sold. Joacquim earns US$300-500 per month depending on the season and his produce.

Philanthropy, digital payments and financial inclusion

Access to financing can contribute to inclusive social and economic development. How might digital transactions help? Here’s how.

myanmar, development
Myanmar and financial inclusion: A leapfrog in development

U Chit Po is 49 years old and runs a grocery store in Myanmar. He is responsible for his wife and two children. He recently had a major health scare and consequently would like to retire soon. U Chit Po has no medical coverage, as there is no licence for the health insurance market in Myanmar. His income consists of profit from his small business and interest on loans to others, which he lends at 20% interest per day. He has never saved in a formal banking institution, but his knowledge about the value and complexities of saving are highly sophisticated. He feels that banks have so much red tape, especially for provisions which he might need to access at short notice, and the interest offered by banks on savings is so little that it is not worth the hassle.

workers
Investment: The right framework

Investment has been hit hard by the crisis, yet is vital for a sustainable recovery and future well-being. In 2008-14 private investment ran at some 25% below pre-crisis forecasts. From infrastructure and green energy to improving education and health care, all countries depend on investment in physical and human capital.

financing development, development
Revenue statistics

Meeting budgetary targets is hard enough in any country, but for developing countries struggling to lift their economies to a higher stage of development, it can seem a near impossible task. Nevertheless, governments and local authorities everywhere in the world have a duty to provide proper public and social services for their citizens, and infrastructure that will attract investors. Tax revenues are therefore vital for meeting public demands as well as development aspirations. As a general rule of thumb, a stable and predictable budgetary framework helps foster growth and, in the longer term, reduces dependence on foreign financing, be it public or private. Taxation is a bedrock of “good government” and a driving force for wider reforms. However, devising the right framework and approach to tax is not easy, from getting the tax levels right to ensuring skills are in place to devise and implement them.

Aid for trade is working

International trade is a key driver of development. But high trade costs prevent a large number of developing countries from fully exploiting the opportunities that the global market offers: increased development, stronger growth and more jobs.