Linking productivity to Sustainable Development

Oliver Paddison and Steve Gui-Diby
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Oliver Paddison: Macroeconomic Policy and Financing for Development Division, ESCAP

No PB40, MPDD Policy Briefs from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: While economic growth and productivity growth have been declining in the Asia-Pacific region, which is worrying as both are critical for development, especially if the region wants to shift to a development model that is driven more by domestic demand rather than excessive reliance on exports, the Sustainable Development Goals provide a critical entry point to strengthening productivity and thus economic growth. Indeed, while strengthening productivity will contribute to the success of a number of the Sustainable Development Goals, investing in their achievement will also nurture productivity growth, creating a virtuous cycle between sustainable development, productivity and economic growth.

Date: 2016-04
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