COVID-19 Effects on Public Finance and SDG Priorities in Developing Countries: Comparative Evidence from Bangladesh and Sri Lanka.

IF 2.5 3区社会学 Q2 DEVELOPMENT STUDIES European Journal of Development Research Pub Date : 2023-01-01 DOI:10.1057/s41287-022-00558-6

Sisira R N Colombage, Suborna Barua, Madurika Nanayakkara, Udari N Colombage

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引用次数: 1

Abstract

The COVID-19 pandemic, an unprecedented global health crisis, rapidly transferred into a global economic and social crisis. The pandemic has threatened the world's commitment to achieve Sustainable Development Goals (SDGs) by 2030 as governments in developing countries have shifted their priorities from attaining SDGs, to providing urgent financial needs to save lives and prevent recession in hopes for a rapid economic recovery. The rerouting of public funding priorities has undermined the progress and achievement of SDGs. We employed a mixed-method and carried out a comparative study using pre- and post-public financial data of two developing countries in South Asia; Bangladesh and Sri Lanka. A threefold analysis was conducted to investigate the evolution of the COVID-19 pandemic in two countries, the impact of the pandemic on external and internal public finance and the effect of the pandemic in shifting the policy priorities from SDGs to economic survival. This study found that both countries are highly vulnerable to the COVID-19 pandemic and are suffering from the lack of financing from external sources through the private sector as well as an increasing foreign debt. There is mounting pressure on the fiscal balance in both countries.

Supplementary information: The online version contains supplementary material available at 10.1057/s41287-022-00558-6.

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2019冠状病毒病对发展中国家公共财政和可持续发展目标优先事项的影响:来自孟加拉国和斯里兰卡的比较证据

2019冠状病毒病大流行是一场前所未有的全球卫生危机，迅速转变为全球经济和社会危机。新冠肺炎疫情威胁到世界到2030年实现可持续发展目标的承诺，发展中国家政府已将其工作重点从实现可持续发展目标转向提供紧急资金需求，以拯救生命和防止衰退，以期实现经济快速复苏。公共资金优先事项的改变破坏了可持续发展目标的进展和实现。我们采用混合方法，并使用南亚两个发展中国家上市前和上市后的财务数据进行了比较研究;孟加拉国和斯里兰卡。通过三方面分析，研究了COVID-19大流行在两个国家的演变、大流行对外部和内部公共财政的影响，以及大流行对将政策重点从可持续发展目标转向经济生存的影响。该研究发现，这两个国家都极易受到新冠肺炎大流行的影响，而且都面临着私营部门缺乏外部融资以及外债不断增加的问题。两国的财政平衡面临越来越大的压力。补充信息:在线版本包含补充资料，提供地址为10.1057/s41287-022-00558-6。

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来源期刊

European Journal of Development Research DEVELOPMENT STUDIES-

CiteScore

5.70

自引率

4.00%

发文量

期刊介绍： The European Journal of Development Research (EJDR) redefines and modernises what international development is, recognising the many schools of thought on what human development constitutes. It encourages debate between competing approaches to understanding global development and international social development. The journal is multidisciplinary and welcomes papers that are rooted in any mixture of fields including (but not limited to): development studies, international studies, social policy, sociology, politics, economics, anthropology, education, sustainability, business and management. EJDR explicitly links with development studies, being hosted by European Association of Development Institutes (EADI) and its various initiatives. As a double-blind peer-reviewed academic journal, we particularly welcome submissions that improve our conceptual understanding of international development processes, or submissions that propose policy and developmental tools by analysing empirical evidence, whether qualitative, quantitative, mixed methods or anecdotal (data use in the journal ranges broadly from narratives and transcripts, through ethnographic and mixed data, to quantitative and survey data). The research methods used in the journal''s articles make explicit the importance of empirical data and the critical interpretation of findings. Authors can use a mixture of theory and data analysis to expand the possibilities for global development. Submissions must be well-grounded in theory and must also indicate how their findings are relevant to development practitioners in the field and/or policy makers. The journal encourages papers which embody the highest quality standards, and which use an innovative approach. We urge authors who contemplate submitting their work to the EJDR to respond to research already published in this journal, as well as complementary journals and books. We take special efforts to include global voices, and notably voices from the global South. Queries about potential submissions to EJDR can be directed to the Editors. EJDR understands development to be an ongoing process that affects all communities, societies, states and regions: We therefore do not have a geographical bias, but wherever possible prospective authors should seek to highlight how their study has relevance to researchers and practitioners studying development in different environments. Although many of the papers we publish examine the challenges for developing countries, we recognize that there are important lessons to be derived from the experiences of regions in the developed world. The EJDR is print-published 6 times a year, in a mix of regular and special theme issues; accepted papers are published on an ongoing basis online. We accept submissions in English and French.