The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

Author/Editor:

Mercedes García-Escribano ; Tewodaj Mogues ; Mariano Moszoro ; Mauricio Soto

Publication Date:

December 17, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong commitment to the Sustainable Development Goals (SDG) Agenda. This paper focuses on the medium-term development challenges that South Asia, and in particular India, faces to ensure substantial progress along the SDGs by 2030. We estimate the additional spending needed in critical areas of human capital (health and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five sectors for India relative to other South Asian countries and discuss implications for policy and reform.

Series:

Working Paper No. 2021/294

Frequency:

regular

English

Publication Date:

December 17, 2021

ISBN/ISSN:

9781616355654/1018-5941

Stock No:

WPIEA2021294

Pages:

33

Please address any questions about this title to publications@imf.org