Productive growth

Sustained and inclusive economic growth is an essential requisite for poverty eradication and sustainable development. Productive infrastructure, access to ICT and new technologies, and a stable macroeconomic environment are some of the most important determinants of long-term growth. These are some of the topics covered in this theme of SDG Pulse, along with the domestic and international mechanisms available to finance these policies.

As shown in the statistics and insights presented in SDG Pulse, there are great opportunities to use infrastructure, new technologies, sound economic policy and stable financing mechanisms as enablers of growth. However, these same areas, when not properly managed, could also become obstacles for development. The SDG indicators allow countries to monitor these areas and identify the most urgent priorities.

Available data on these SDG indicators show a mixed picture. On one hand, there has been significant progress in developing economies in many areas, including access to ICT technologies among the population and a growing weight as transport hubs for global trade. On the other hand, there are also important concerns in many countries in terms of access to international sources of financing for development and their financial sustainability, for instance external public and private debt. In terms of domestic resource mobilization, the topic of illicit financial flows is increasingly considered as a significant threat to sustainable development, one requiring concerted national and international efforts to contain it.

The weight of international financing sources for developing economies has decreased since 2005, but it still represents 4% of their GNI.
UNCTAD & OECD SDG indicator 17.3.1
121 countries had signed a bilateral investment treaty with an LDC in 2020.
UNCTAD SDG indicator 17.5.1

Donor countries continue to fall short on their ODA commitments.
SDG indicator 17.2.1
International maritime transport continues to increase in line with trade volume growth.
SDG indicator 9.1.2
Access to ICT technologies, including broadband connections, continues to rise in developing countries, but they still lag behind the levels of developed economies.
SDG indicator 17.6.1
As external debt stocks in the developing world expand, debt service continues to rise, especially in low-income economies.
Pilots will help to find feasible country-specific solutions to applying the common framework for IFFs.
UNCTAD & UNODC SDG indicator 16.4.1

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