Launch of the Economic and Social Survey of Asia and the Pacific 2017
The Economic and Social Survey of Asia and the Pacific is the oldest and most comprehensive annual review of economic and social development in Asia and the Pacific. This flagship publication of ESCAP analyses economic conditions and selected development challenges, and suggests policies to sustain economic growth and to make it more inclusive.
The 2017 edition of the Survey highlights the importance of better governance and effective fiscal management. In particular, it is found in the Survey for 2017 that the quality of governance affects development outcomes through its impact on the composition and efficiency of public expenditure. At the same time, weak governance partially explains the low levels of tax revenues in several countries in the region. Governance has impacts on the way public revenues are raised, especially its effects on tax morale, as the willingness to pay taxes is affected by perceptions of how well tax revenues are used. It is argued in the Survey for 2017 that transparency and accountability in public administration can be improved and strengthened by ensuring the production of and access to key data and information, and by developing public administration capacities to monitor, evaluate and audit policies and actions. Inclusive institutions, where public service beneficiaries can exchange views with the Government, could also be instrumental for raising tax revenues and making expenditures more efficient. The Survey also highlights the role of e-government, information and communications technology and decentralization in improving governance in the context of fiscal management.
The Economic and Social Survey of Asia and the Pacific 2017 will be launched by Dr. Shamshad Akhtar, Under-Secretary-General of the United Nations and Executive Secretary of ESCAP.
Download the Report
- Press Release: Effective governance will sustain Asia-Pacific economic growth and improve its quality, says UN report
- Op-Ed by Dr. Shamshad Ahktar (available soon)