Selected issues in financing for development: A subregional perspective

The previous chapter highlighted various estimates of the considerable investment gaps that developing countries face while pursuing implementation of the 2030 Agenda, and subsequently explored ways to help mobilize development finance for closing such gaps. Under the same conceptual framework, this chapter contains an examination of medium-term aspects relating to financing for development from the perspective of Asia-Pacific subregions. The focus of the chapter is motivated by the fact that the Asia-Pacific region is vast and diverse, and different subregions and countries have varying capabilities in terms of implementing the policy options discussed in chapter II. The region is home to some of the world’s largest economies, such as China and India, where changing economic conditions or policies have notable implications at the regional as well as global levels. More importantly, the policy priorities of larger economies and the capacity to undertake a range of policy initiatives are considerably different from that of other relatively smaller countries in the region.

Sustainable Development Goals:

No Poverty

Decent Work and Economic Growth

Reduced Inequalities