Wednesday 28 May 2008

Where there is no strategy the people perish

Where there is no strategy the people perish
Wednesday, May 28, 2008
Source: Jamaica Observer Editorial

The popular Biblical admonition says that "where there is no vision the people perish". We would like to add, for the sake of Caricom, that a vision is no use unless there is a strategy to realise it.

Let's face it, the Caricom countries have not perished, but economic growth has been disappointing, to say the least. The exceptions are those blessed with energy resources or those who shelter funds avoiding taxation and scrutiny. The fragile economic foundations of Caricom countries are being threatened by a combination of escalating prices for oil and food, the recession in the US economy, crime and drug trafficking.

For the past half-a-century, the region has sought to enhance growth and structural diversification by various forms of collective action. The template has, for the last 30 years, been the deepening degrees of economic integration, with the current incarnation being the Caricom Single Market and Economy (CSME) which sets out broad goals and principles.But we should not need to stress that for the CSME to be a vehicle of economic progress there must be a development strategy, which, to date, has been absent, as evident in the lack of preparedness to engage constructively in pursuing the new export opportunities.

This glaring failure is highlighted by the recent angst over the Economic Partnership Agreement (EPA) with the European Union. Even more worrying is the steady decline in the ability to supply the local market, resulting in increasing imports. Take the case of domestic food production: the region's agriculture ministers were recently in Guyana, desperately and belatedly devising a response to the food crisis. Their response will constitute an emergency version of the Jagdeo Initiative for agriculture, but what is needed is an overall development strategy.

The region needs a new development strategy that goes beyond the CSME paradigm. We must stop recycling politically correct platitudes that are unrelated to the national, regional and global realities. The recommendations of "Towards a Development Vision and the Role of the Single Economy" bear a remarkable similarity to those that informed the West Indies Federation of the middle of the last century. It is devoid of fresh thinking and offers nothing useful that can help the governments of the region with the fundamental problems of crime, unemployment, dependence on imported food and the exponential increase in the price of oil.

We urge that a new development strategy be formulated by the end of this year, based on new, solutions-oriented thinking. Which means avoiding 'rounding up the usual suspects' to regurgitate the past. A creative, technically sound and intellectually virile team must be commissioned to chart a practical course to overcome the challenges facing the region.

The Heads of Government must convene a special session to agree on the development strategy for the next decade. The agenda for this meeting must be free of perennial items such as cricket - sacrilegious as this might sound - and a Caricom passport. We must avoid paralysis by analysis and end the tendency to note work done and commission additional work.

To ensure effective implementation of the strategy, a new governance structure for Caricom is critical and, as we have said before, must involve a reorganisation of the Caricom Secretariat based on a management audit by a reputable firm. This, for obvious reasons, is not a task for officials from member states or former employees of the Caricom Secretariat.

No comments: