Study Tour “Capacity-Building on Economic Modelling for National Strategies for Sustainable Development”

Date: 
11 Sep 2013 to 17 Sep 2013
Location: 
Canberra, Australia

In the face of emerging issues such as resource constraints, climate crisis and social inequality, there is a growing gap between what conventional economic development strategies can address and the changing economic realities. Green economy in the context of sustainable development and poverty eradication has been suggested as a new approach to achieving sustainable development, and governments in the Asia and the Pacific region are increasingly interested in exploring supportive policy approaches.

ESCAP has been working in partnership with the Australian Commonwealth Scientific and Industrial Research Organization (CSIRO) with the shared long-term goal of developing the capacity of Asia and Pacific policymakers to formulate economic and related policies that are aligned with sustainable development.

In September 2013, ESCAP, in collaboration with CSIRO and the University of Sydney, organized a capacity-building study tour for staff of institutions that work closely with Governments on economic modelling for sustainable development. The study tour was conducted to facilitate in-depth examination of economic modelling approaches that account for emerging real world challenges such as resource constraints, climate change and growing unemployment, in sessions tailored to specific research interests.

Taking a “learning by doing” approach, the study tour aimed to build technical skills of economic modelers to integrate three dimensions of sustainable development in economic modelling, which could assist a national economy’s shift toward green economy in the context of sustainable development and poverty eradication.

Applications were invited from experts in government or national institutions of developing countries with extensive experience in economic modelling and an interest in developing economic models that could support green economy policy making.

The study tour investigated the potential for application of integrated modelling approaches to decision-making at the national level. As a result of the study tour, the participants have started to develop, in collaboration with partners at hosting institutions, technical proposals as a way to consolidate and apply the knowledge gained, and to facilitate follow up and sharing of constraints and opportunities. The tour also provided the participants with opportunities to network with other participants from different countries who are working on the sustainable development issues related to a shift toward green economy in the context of sustainable development and poverty eradication.