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Geo-Economic Importance Index for Doubling the Efforts by 2030

In: Sustainable Development Goals and Pandemic Planning

Author

Listed:
  • Kaliappa Kalirajan

    (Crawford School of Public Policy, Australian National University)

  • Kazi Arif Uz Zaman

    (Bangladesh Bank (The Central Bank of Bangladesh) Head Office, Motijheel)

  • Venkatachalam Anbumozhi

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

The Association of Southeast Asian Nations have been working towards ‘doubling the efforts’ of achieving the Sustainable Development Goals (SDGs) by 2030. It is strategically important to make an assessment of member countries for their “regional integration contributions” to improving the trans-boundary macroeconomic effects on achieving SDGs. In this context, this study has developed a performance measure – ‘Geo-economic Importance Index’ (GEII) – by incorporating the major components of the important subset of both the ASEAN community Vision 2025 and the UN2030 Agenda. The subset is: (i) Poverty Reduction (SDG 1) (ii) Infrastructure and Connectivity (SDG 9) (iii) Natural Resource Management (SDG 15) (iv) Sustainable Consumption and Production (SDG 12) and (v) Resilience Capacity (SDG 13). The results of the empirical analysis indicate that the Regional Comprehensive Economic Partnership (RCEP) cooperation enables more ASEAN members to accelerate their ‘doubling the efforts’ strategy by 2030. The channels through which relatively more acceleration can happen are improving labour productivity and human capital development. Political commitments not to decrease education and health expenditure will be necessary given the migration and population aging, which will increase the demand for education and healthcare services. There is potential to organize select education and healthcare services regionally to improve competency and efficiency in delivery.

Suggested Citation

  • Kaliappa Kalirajan & Kazi Arif Uz Zaman & Venkatachalam Anbumozhi, 2022. "Geo-Economic Importance Index for Doubling the Efforts by 2030," Springer Books, in: Venkatachalam Anbumozhi & Kaliappa Kalirajan & Fukunari Kimura (ed.), Sustainable Development Goals and Pandemic Planning, chapter 11, pages 479-503, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-6734-3_11
    DOI: 10.1007/978-981-16-6734-3_11
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