Social development

The consistently high rates of economic growth in most of the developing economies in the ESCAP region in the past two decades stand in sharp contrast to the slow progress in social development. The nagging problems of poverty, unemployment and illiteracy and the limited scope for advancement of women in economic and social activities continue to belittle claims of economic progress in the region. This slow progress in social development is partly the result of the meagreness of resources relative to the magnitude of the problems faced, but cannot be fully accounted for by this factor alone. Clearly there is no linear relationship between economic growth and social development.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities