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Sustainable development goal deficits and the Covid 19 pandemic

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  • Thore, Sten

Abstract

In publications spanning the last 20 years, the present author has discussed the ranking of entire nations by their social and economic performance. Here the sustainable development goals (SDGs) achievements of all OECD member nations for 2020 are investigated, using a set of nine indicators of “Human Well-being” published by the OECD office in Paris, and also using Covid-19 data published by the World Health Organization (WHO). We show that the pandemic struck more severely those nations that already before Jan.1, 2020 harbored unrecognized and unattended well-being deficits in terms of indicators such as care fo the elderly, personal safety, and hygiene. The calculations support views argued forcefully by J.E. Stiglitz, J.- P. Fitoussi and M. Durand (2019): markets are not in equilibrium all the time, and economics needs a new paradigm recognizing the possibility of Pareto inefficiency.

Suggested Citation

  • Thore, Sten, 2022. "Sustainable development goal deficits and the Covid 19 pandemic," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
  • Handle: RePEc:eee:tefoso:v:174:y:2022:i:c:s0040162521006375
    DOI: 10.1016/j.techfore.2021.121204
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    1. Isabela Caroline de Sousa & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Gustavo Hermínio Salati Marcondes de Moraes & Walter Leal Filho & João Henrique Paulino Pires Eustachio & Rosley Anholon, 2024. "A Delphi–Fuzzy Delphi Study on SDGs 9 and 12 after COVID-19: Case Study in Brazil," Forecasting, MDPI, vol. 6(3), pages 1-18, July.
    2. Ștefan Cristian Gherghina & Liliana Nicoleta Simionescu, 2024. "The Impact of COVID-19 Pandemic on Sustainable Development Goals," Sustainability, MDPI, vol. 16(13), pages 1-5, June.
    3. Habicher, Daria & Windegger, Felix & von der Gracht, Heiko A. & Pechlaner, Harald, 2022. "Beyond the COVID-19 crisis: A research note on post-pandemic scenarios for South Tyrol 2030+," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    4. Fang, Dong & Wang, Shijun & Hao, Feilong & Li, Zhuowei & Wang, Qianrong, 2024. "Exploring the influence of sustainable regional planning on green economic growth: Evidence from Guangdong-Hong Kong- Macao Greater Bay Area and ASEAN+6," Resources Policy, Elsevier, vol. 88(C).

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