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Balancing national economic policy outcomes for sustainable development

Author

Listed:
  • Mohammed Basheer

    (The University of Manchester)

  • Victor Nechifor

    (University College London
    Joint Research Centre (JRC))

  • Alvaro Calzadilla

    (University College London)

  • Claudia Ringler

    (International Food Policy Research Institute (IFPRI))

  • David Hulme

    (The University of Manchester)

  • Julien J. Harou

    (The University of Manchester
    University College London)

Abstract

The 2030 Sustainable Development Goals (SDGs) aim at jointly improving economic, social, and environmental outcomes for human prosperity and planetary health. However, designing national economic policies that support advancement across multiple Sustainable Development Goals is hindered by the complexities of multi-sector economies and often conflicting policies. To address this, we introduce a national-scale design framework that can enable policymakers to sift through complex, non-linear, multi-sector policy spaces to identify efficient policy portfolios that balance economic, social, and environmental goals. The framework combines economy-wide sustainability simulation and artificial intelligence-driven multiobjective, multi-SDG policy search and machine learning. The framework can support multi-sector, multi-actor policy deliberation to screen efficient policy portfolios. We demonstrate the utility of the framework for a case study of Egypt by identifying policy portfolios that achieve efficient mixes of poverty and inequality reduction, economic growth, and climate change mitigation. The results show that integrated policy strategies can help achieve sustainable development while balancing adverse economic, social, and political impacts of reforms.

Suggested Citation

  • Mohammed Basheer & Victor Nechifor & Alvaro Calzadilla & Claudia Ringler & David Hulme & Julien J. Harou, 2022. "Balancing national economic policy outcomes for sustainable development," Nature Communications, Nature, vol. 13(1), pages 1-13, December.
    • Handle: RePEc:nat:natcom:v:13:y:2022:i:1:d:10.1038_s41467-022-32415-9
    DOI: 10.1038/s41467-022-32415-9
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    1. Mohammed Basheer & Victor Nechifor & Alvaro Calzadilla & Solomon Gebrechorkos & David Pritchard & Nathan Forsythe & Jose M. Gonzalez & Justin Sheffield & Hayley J. Fowler & Julien J. Harou, 2023. "Cooperative adaptive management of the Nile River with climate and socio-economic uncertainties," Nature Climate Change, Nature, vol. 13(1), pages 48-57, January.
    2. Wang, P.P. & Huang, G.H. & Li, Y.P. & Liu, Y.Y. & Li, Y.F., 2024. "An ecological input-output CGE model for unveiling CO2 emission metabolism under China's dual carbon goals," Applied Energy, Elsevier, vol. 365(C).

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