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Evaluate trends in development by explaining and analysing traditional and new development indicators. Explain the relevance of the theories of Caribbean Economic Development in the
- Evaluate trends in development by explaining and analysing traditional and new development indicators.
- Explain the relevance of the theories of Caribbean Economic Development in the current context of Caribbean development.
- Analyze contemporary issues affecting economic development in the Caribbean, in particular, Education, Health, Agriculture, Natural Disasters.
Skills:
- Develop strategies to research and access relevant information from a variety of sources.
- Use data to analyse the levels of economic development across countries.
- Apply a researched theoretical framework, on economic development, to the context of a given Caribbean country.
Attitudes:
- Justify solutions presented concerning issues that impact Caribbean Economic Development.
- Recognize the importance of various factors which impact sustainable development in the context of the Caribbean
Prepare a Strategic Plan for the period 2022 – 2025 for the Caribbean Country of Barbados. This Strategic Plan should propose a minimum of one policy objective for each of the tenets of sustainable development.
Background - your background section should contain information on the following areas:
- Description of the economic framework (economic indicators: new and traditional); economic trends
- Description of the Regional context (CARICOM/CSME)
- Comment on the impact of globalization on the economic development of the country over the past 5 years
- Comment on the impact of climate change on the sustainable development of the country over the past 5 years
- The Strategy – your strategy should cover the following sections:
- Development of the policy initiatives which are being proposed to facilitate sustainable economic development
- Explain how the policy initiatives will deliver on the objectives of the Sustainable Development Goals (SDG’s). (SDG Objectives: End Poverty; Reduce Inequalities; Tackle the Environment)
- Align one policy and or programme initiative with Meier’s primary goal of economic development
- Governance framework – identify the critical elements of good governance which will be critical to the success of your strategy.
- Analyse the potential impact of the COVID-19 Pandemic will have on the implementation of the strategy.
- Conclusion – provide a conclusion for your proposal.
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