How dependence on external development finance is affecting fiscal policies
- Author: United Nations Conference on Trade and Development
- Main Title: The Least Developed Countries Report 2019 , pp 96-125
- Publication Date: November 2019
- DOI: https://doi.org/10.18356/3fe675a1-en
- Language: English
Critical to achieving the Sustainable Development Goals in LDCs are the domestic public resources needed for public investments and services, as well as enabling policies, to sustain economic transformation, eradicate poverty and end hunger (UNCTAD, 2014b). Private investments are drivers of economic activities, yet a substantial increase in domestic and external public resources is also required for LDCs to boost productive capacities, accelerate growth and build economic resilience. However, resource constraints in LDCs suggest a greater need for external financing, including ODA, to supplement domestic public resources.
© United Nations
ISBN (PDF):
9789210043779
Book DOI:
https://doi.org/10.18356/2164068b-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
Sustainable Development Goals:
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