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Threats to achieving SDGs

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September 28, 2017

What is the issue?

  • US President Trump’s stance on Iran nuclear deal and North Korea's threat implies a trend of prioritising individual national interests above the shared global objectives.
  • In this protectionist context, achieving global goals like the Sustainable Development Goals has become highly uncertain.

What are the unfavourable developments?

  • Most of the advanced countries are confronting with serious fiscal constraints.
  • 'Politics' and 'economics', many a times, are not complementing each other and thus are further complicating the welfare measures.
  • The rising migration provides larger scope for spreading the political stress and instability of one country into other countries.
  • The growing problem of refugees in many parts of the world is evidential of this trend.
  • The rising dominance of knowledge-intensive technology leaves a possibility of making less-privileged groups, classes, sectors, and regions struggle to compete.
  • The SDGs have always had challenges in terms technological disruption, geopolitical rivalry, and widening social inequality.
  • In addition to these, the rising populist demands for nationalist policies, including trade protectionism, have intensified these challenges considerably.
  • All these developments are increasingly eroding the faith of the downtrodden on the development orthodoxy of good governance and SDGs as a solution to many global challenges.

What is required?

  • The SDGs aim at relieving some global pressures, by protecting the environment and improving the lives of people within their home countries.
  • It requires countries to cooperate and exhibit responsible politics and a much stronger social consensus.
  • There is a need for a fundamental shift in the mindset of the countries, from one of competition to cooperation.
  • Multilateral institutions intended at this purpose should be upgraded and restructured to meet and decide on these global development challenges and goals like the SDGs.

 

Source: Business Standard

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