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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

  1. Evaluate trends in development by explaining and analysing traditional and new development indicators.
  2. Explain the relevance of the theories of Caribbean Economic Development in the current context of Caribbean development.
  3. Analyze contemporary issues affecting economic development in the Caribbean, in particular, Education, Health, Agriculture, Natural Disasters.

Skills:

  1. Develop strategies to research and access relevant information from a variety of sources.
  2. Use data to analyse the levels of economic development across countries.
  3. Apply a researched theoretical framework, on economic development, to the context of a given Caribbean country.

Attitudes:

  1. Justify solutions presented concerning issues that impact Caribbean Economic Development.
  2. 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:

    1. Description of the economic framework (economic indicators: new and traditional); economic trends
    2. Description of the Regional context (CARICOM/CSME)
    3. Comment on the impact of globalization on the economic development of the country over the past 5 years
    4. Comment on the impact of climate change on the sustainable development of the country over the past 5 years
  1. The Strategy – your strategy should cover the following sections:
    1. Development of the policy initiatives which are being proposed to facilitate sustainable economic development
    2. 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)
    3. Align one policy and or programme initiative with Meier’s primary goal of economic development
    4. Governance framework – identify the critical elements of good governance which will be critical to the success of your strategy.
    5. Analyse the potential impact of the COVID-19 Pandemic will have on the implementation of the strategy.
  2. Conclusion – provide a conclusion for your proposal.

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