Economic and Social Survey of Asia and the Pacific 2023: rethinking public debt for the Sustainable Development Goals

The Survey, published annually since 1947, is a flagship publication produced by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). It provides analyses to guide policy discussion on the current and emerging socio-economic issues and policy challenges to support sustainable development in Asia and the Pacific. This year's Survey presents the new perspectives on fiscal and public debt analysis that help Asia and the Pacific to effectively pursue the SDGs. Among other key messages, the report highlights the need to: revisit the nexus between public debt and sustainable development rethink how to assess public debt sustainability keeping in view of the 2030 Agenda for Sustainable Development, and increase the role played by the international development community in fostering timely and effective debt restructuring in countries facing debt distress.