the prospects to achieve inclusive and sustainable growth ... · the directions of eec contribution...
TRANSCRIPT
Moscow, 2019
International Macroeconomic Seminar
«Is there a chance to achieve the UN Sustainable Development Goals
provided global slowdown and growing uncertainty?»
The prospects to achieve inclusive and
sustainable growth in the EAEU
Member States
Toty Kaliaskarova,
Director of
Macroeconomic Policy Department
Eurasian integration and the UN
Sustainable Development Goals
• Goals and directions of the EAEU economic development
largely coincide with the goals and objectives of the Agenda
for Sustainable Development
• Regional economic integration contributes to SDGs
achievement within the Union and becomes an additional tool
to support high-quality and sustainable growth in the Member
States
Free circulation of
goods along the EAEU;
Coordinated
macroeconomic policy;
Common Financial
Market
Unified technical
regulations;
Coordinated SPS
policy
Education &
qualification
degree recognition
| 3The directions of EEC contribution
to SDGs implementation
1. INCORPORATIONof sustainable development concept into the EAEU regulatory and legal framework
Main directions of EAEU economic development until 2030
Strategic directions of EAEU integration development until 2025
the indicators of SDGs achievement2. MONITORING
Tracking above 220 indicators
of the Eurasian integration impact on the SDGs achievement
EEC-UNCTAD research “Inclusive growth in EAEU: assessments and opportunities”
3. EVALUATION
of new spheres fostering inclusive and sustainable growth4. DEVELOPMENT
Digitalization of logistics and customs procedures
Reports on integration impact on sustainable development
Convergence of approach to interpret and regulate block chain technologies
National and supranational policy measures efficiency revision
The EAEU Member States progress in SDGs
NN 8 and 9 achievement| 4
The spheres of the EAEU Member States
lowest progress in SDGs achievement| 5
0
5
10
15
20
25
30
35
2015 2016 2017
Республика Армения Республика Беларусь
Республика Казахстан Кыргызская Республика
Российская Федерация
Despite the EAEU Member States have
overcome extreme poverty, 12,4% of EAEU
population fall below the national poverty line.
The most vulnerable:
• Children and young people living in urban
areas;
• Self-employed.
SDG 1
targets
0%
10%
20%
30%
40%
50%
60%
70%Education Healthcare Social protection
EAEU OECD: MAX & MIN
Greece Latvia
Mexico
Mexico
USA
Germany
Government spending on healthcare and social
protection remains insufficient.
Infection incidence per 100 thsd EAEU population:
44 Tuberculosis (Sri-Lanka, Benin)
195 HIV (corresponds to the level of Rwanda)
Population below the national poverty line
Proportion of government spending
8 B-Hepatitis (Namibia, Timor-Leste)
Prioritization of SDGs achievement at
government and business levels
Share of SDG
indicators under
monitoring
Degree of SDGs
incorporation in the
national strategies
NSDS
availability
SDGs in
sectoral
strategies
VNR
(up to 2019)
Representation in
the UN “Global
Compact”
Republic of
Armenia 55,4% +/- - + + 3
Republic of
Belarus 75,3% + + ++ + 25
Republic of
Kazakhstan 64,4% ++ + ++ + 14
Kyrgyz
Republic 53% +/- + ++ - 1
Russian
Federation 33,2% - - + - 65
Institutional basis for SDGs implementation Business
care
In the Republic of Armenia and Russian Federation, SDGs
implementation remains constrained by institutional barriers
| 6
| 7
convergence and improvement of the quality of life
of all population groups achieved largely due to the creation of
favorable non-discriminatory economic conditions
allowing each population group to enhance self-sufficiently the quality of
life comparable to other groups
Inclusive growth –
Economy
employment, labour productivity, trade
Living conditions
health, logistics, finance, ecology
Inequality
employment, education, decision-making
3 pillars of inclusive economic growth:
The EEC concept of inclusive growth
Economic growth tends to be more inclusive in the advanced
economies
| 8The world composite inclusive growth index
“heat map”
red color – least inclusive growth
green – most inclusive
Luxembourg (top-advanced
economy)
Israel(top-developing
economy)
Ranking has been
established
for 86 states
Inclusive growth in developed
and developing economies| 9
Greece
Israel
Korea
BelarusKazakhstan
Russia
ArmeniaKyrgyzstan
Rwanda
0
0,2
0,4
0,6
0,8
1
0,12 0,22 0,32 0,42 0,52 0,62 0,72 0,82 0,92 1,02
Pil
lar
3:
Pro
gre
ss i
n f
igh
t ag
ain
st i
neq
ual
ity
Pillar 2: Living conditions
USALatvia
Ukraine
Bulgaria
Indonesia
Developing countriesAdvanced economies EAEU member-states
Note: size of the bubble – economic performance (Pillar 1)
Top LDC
Top
developing
countries
Germany
Luxembourg
From the perspective of inclusivity, the boundaries between
developing and developed countries are blurred
Interdependence between economic growth and
socioeconomic inequality
Greece
Russia
0
0,2
0,4
0,6
0,8
1
0 0,2 0,4 0,6 0,8 1
Pil
lar
1:
Eco
no
my
Pillar 3: Progress in fight against inequality
Armenia Kyrgyzstan
Belarus
Kazakhstan
IsraelKorea
Since a particular threshold,
further economic
advancment is inachievable
unless inequality is tackled
| 10
Developing countriesAdvanced economies EAEU member-states
The EAEU indicators of inclusive growth heat map | 11
red color – lower rankings, green color – higher rankings
Armenia Belarus Kazakhstan Kyrgyzstan Russia
Composite index 59 30 31 61 38
Pillar 1: Economy 149 58 50 126 47
GDP per capita 98 64 51 134 49
National income per capita 108 85 69 143 65
Labour productivity 100 78 58 133 55
Electric power consumption 82 59 35 85 29
Exports, % GDP 78 24 91 85 120
Employment rate 157 90 76 108 74
Pillar 2: Living Conditions 78 40 67 89 64
Under-5 mortality rate 63 19 58 80 44
Access to safe water services 88 37 46 84 71
School enrollment, secondary 75 39 18 54 34
Coverage of essential health services 66 45 53 70 82
Fixed Internet broadband subscriptions 65 19 57 83 44
Logistics performance index 83 91 66 95 70
Access to bank account or mobile-money services 80 46 68 100 52
CO2 emissions 74 111 126 122 121
Pillar 3: Inequality 67 14 9 61 51
Employment: youth / adult 86 21 2 55 58
Employment: male / female 22 76 53 73 20
Labour force: male / female 57 34 25 71 46
Income concentration ratio 46 12 16 39 73
Poverty headcount ratio 63 15 40 71 24
School enrollment: boys / girls 59 23 17 1 20
Number of seats in national parliaments: male / female 66 21 40 60 71
Conclusions and recommendations | 12
Empowering the Eurasian Economic Commission as
SDG achievement coordinating body
Applying strategic approach to SDGs implementation
at national and supranational levels
Promoting the concept of sustainable
development and experience sharing
• Establishing a discussion platform• Providing expert analysis
• Harmonizing approach to SDGs achievement monitoring
• Elaboration of development finance mechanisms
• Developing EAEU SDGs achievement roadmap
• Mobilizing finance for SDG-related projects
• Leveraging the potential of existing joint infrastructural units
• Developing EAEU SDGs achievement information platform• Promoting the UN Sustainable Development Agenda over the EAEU
• Organizing events aimed at popularization of sustainable growth concept
• Implementing inclusive education projects
• SDGs incorporation in supranational strategies
