Introduction

As far back as 1960. a group of experts commissioned by the then Economic Commission for Asia and the Far East (ECAFE), under the chairmanship of Professor Jan Tinbergen, a Nobel laureate in economics, identified the most commonly accepted development objectives in the region. These were, in no order of priority, a rapid Increase in per capita income, a high level of employment, a relatively stable price level, equilibrium in the balance of payments, a reduction of inequalities in income distribution, the avoidance of marked disparities in the prosperity and growth of different regions within a country, and a diversified economy. These objectives remain as relevant today as they were nearly four decades ago. A new addition is environmental sustainability

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities