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Understanding the Cost of Achieving the Sustainable Development Goals / Vorisek, Dana.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Vorisek, Dana.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Energy.
- Access to Finance.
- Action Plan.
- Climate Change.
- Development Economics and Aid Effectiveness.
- Development Policy.
- Economic Development.
- Economic Theory and Research.
- Equitable Growth.
- Equity and Development.
- Finance and Development.
- Finance and Financial Sector Development.
- Fragile and Conflict.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Sustainable Development Goals.
- Local Subjects:
- Access to Energy.
- Access to Finance.
- Action Plan.
- Climate Change.
- Development Economics and Aid Effectiveness.
- Development Policy.
- Economic Development.
- Economic Theory and Research.
- Equitable Growth.
- Equity and Development.
- Finance and Development.
- Finance and Financial Sector Development.
- Fragile and Conflict.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Sustainable Development Goals.
- Physical Description:
- 1 online resource (29 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- This paper presents a review of studies that estimate the cost of achieving the Sustainable Development Goals. Although the Sustainable Development Goals provide useful benchmarks for fiscal authorities and donors, typical cross-country costing exercises can be misleading, for a variety of reasons: double counting, sensitivity to underlying assumptions, downplaying the critical role of policy and institutions in advancing toward the goals, failure to discount costs or consider operation and maintenance costs in a consistent manner, and overlooking the tendency for different types of Sustainable Development Goal-related spending to have distinct effects. Recent costing studies by the World Bank Group have been developed to minimize the drawbacks of earlier studies. The paper also briefly reviews how the World Bank Group engages with stakeholders on the Sustainable Development Goals agenda.
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