Tuesday, 23th February 2021, 18.00 – 19.30 (CET)
Join the new online DEV Talks series - Reshaping development
Mario Pezzini, Director of the OECD Development Centre and Special Advisor to the Secretary-General on Development and Romina Boarini, Director of the Centre for Well-being, Inclusion, Sustainability and Equal Opportunity of the OECD are pleased to invite you to a discussion on
Mechanisms of change: putting metrics into action
Pedro Conceição, Director of the Human Development Report Office, UNDP
Ravi Kanbur, T.H Lee Professor of World Affairs, International Professor of Applied Economic and Management and Professor of Economics, Cornell University
Girol Karacaoglu, Head of the School of Government, Victoria University, Wellington and former Chief Economist, New Zealand Treasury
María Inés Castillo de Sanmartín, Minister of Social Development of the Republic of Panama (TBC)
moderated by Mario Pezzini, Director of the OECD Development Centre and Romina Boarini, Director of the Centre for Well-Being, Inclusion, Sustainability and Equal Opportunity, OECD.
The idea that development metrics need to account for more than national income and economic growth is not new. Indeed, 30 years have passed since the launch of the Human Development Index (HDI), with its aim "to shift the focus of development economics from national income accounting to people-centered policies". This year, the UNDP introduced a new, experimental Planetary pressures adjusted HDI, presented in the Human Development Report 2020. The Sustainable Development Goals (SDGs) and their 232 unique indicators are another example. However, the wide acceptance that development is complex and multidimensional has had more impact on measurement than on policy processes.
Still, in recent years, a small but growing number of governments (some of them, in the ‘developed world’, such as New Zealand) have sought to bridge the gap between rhetoric, measurement and practice, through budgetary decisions, new legislation, institutional change and national development plans that give centre stage to a broader notion of what well-being, sustainability and development are about. At the international level however, despite consensus around the SDGs and recognition of the increasingly interconnected challenges they face, governments have made limited inroads to come up with a framework to coordinate their actions and favour policy dialogue around shared priorities.
How can we strengthen the use of shared development metrics to inform national policy and promote more impactful international co-operation? For example, to meet global climate objectives? The aim of this Dev Talk was to explore achievements and remaining challenges in creating mechanisms to transform development paths.
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