An appraisal of the UNCTAD Sustainable Development Finance Assessment (SDFA) model Mark 1

This report looks at the UNCTAD Sustainable Development Finance Assessment (SDFA) framework, and the research (theoretical and empirical) undertaken by UNCTAD consultants from a policy perspective. To do this, the report explores the contributions of Thirlwall and Pasinetti, whose work forms the main theoretical foundation of the UNCTAD SDFA framework. The Appendix produces an overview of how derived Pasinetti points can show the public deficit and debt trajectory of countries, particularly during the pandemic.