Decades of UN economic knowledge valuable to SDG effort

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Diana Alarcón speaking at the press briefing on the launch of the World Economic and Social Survey 2017 "Reflecting on seventy years of development policy analysis”. UN Photo/Mark Garten

Lessons learned from seven decades of UN economic analysis are relevant to today's global efforts to achieve a more just and equitable world by 2030.

That's the premise of a report launched on Thursday by the organization's Department of Economic and Social Affairs (DESA).

Dianne Penn reports.

The UN has been publishing the World Economic and Social Survey every year since 1948, making it the oldest annual report of its kind.

This year's edition has been labelled a "valuable tool" for the Sustainable Development Goals (SDGs).

The 17 goals address challenges such as eradicating extreme poverty, tackling climate change and promoting gender equality.

However, the survey finds that in the wake of the 2008 financial crisis, the current "difficult" global economic situation could make it hard to achieve the SDGs by the deadline of 2030.

Diana Alarcón is Chief of the Global Economic Monitoring Unit in the UN Department of Economic and Social Affairs (DESA).

"Current global conditions are not providing an enabling environment for the implementation of an ambitious agenda like the 2030 Agenda for Sustainable Development, and improved international coordination will have to play a much greater role in providing such enabling environment for development."

Among lessons learned over the past 70 years is the importance of stability in the international monetary and trade systems to development.

The survey also has advocated for effective financial regulation and supervision.

Dianne Penn, United Nations.

Duration: 1’28″

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