1. Global strategies
  2. Orienting economic policy toward social need

Orienting economic policy toward social need

  • Redirecting investment to meet real needs

Description

Orienting economic policy toward social need involves systematically aligning fiscal, monetary, and regulatory measures to directly address pressing societal challenges such as poverty, inequality, and access to essential services. This strategy prioritizes resource allocation, investment, and policy incentives that remedy social deficits, ensuring economic growth translates into tangible improvements in well-being. It emphasizes targeted interventions, inclusive planning, and continuous assessment to adapt policies for maximum social benefit and the reduction of systemic disadvantage.This information has been generated by artificial intelligence.

Implementation

Many UN agencies have emphasized the need to take account of human needs in determining economic adjustment and restructuring policies and programmes, including measures to safeguard the poor, especially in areas of health and education, and "debt swaps for children".

Broader

Orienting
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Narrower

Swapping debts
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Facilitates

Facilitated by

Problem

Value

Unsociable
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Uneconomic
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Reference

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #11: Sustainable Cities and CommunitiesSustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
  • Society » Social
  • Amenities » Living conditions » Living conditions
  • Commerce » Investment
  • Economics » Economic
  • Policy-making » Policy
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    J0084
    DOCID
    12000840
    D7NID
    204326
    Editing link
    Official link
    Last update
    Dec 3, 2024