Download - The National Economy : A Hope For The Youth
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The National Economy:
A Hope For The Youth.
(With an emphasis on youth unemployment).
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THE TEAM FOR DOMINICA
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In order to survive and thrive as a small island economy in a constantly changing world, TEAM DOMINICA is challenged to create a roadmap for our development endeavors that allows us to work together, build together and succeed together.
TEAM DOMINICA
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Dominica will become the best place to live, work and enjoy life in the global community.
OUR VISION
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•Leadership •Caring•Honesty•Integrity•Accountability•Pursuit of Excellence•Continuous Improvement•Global Teamwork
OUR VALUES
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GDP Growth of 6 – 7 % per annum
AGRI
CULT
URE
TOU
RISM
LIGH
T M
FG
CON
STRU
CTIO
N
REN
EWAB
LE E
NER
GY
CULT
URE
INDU
STRY
WAT
ER IN
DUST
RY
ICT
SERV
ICES
NEWECONOMY
FIN
ANCE
SER
VICE
S
SPO
RT IN
DUST
RYRethink Renew Rebuild
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SITUATION ANALYSIS
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Dominica’s GDP trails the rest of the World
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DOMINICA’S EXPORT PERFORMANCE
19811983
19851987
19891991
19931995
19971999
20012003
20052007
20092011
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
DFPUWPDLP
Source: Dominica Statistic Division
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DOMINICA’S TRADE DEFICIT1981
19831985
19871989
19911993
19951997
19992001
20032005
20072009
(600,000)
(500,000)
(400,000)
(300,000)
(200,000)
(100,000)
-
DFPUWPDLP
Source: Dominica Statistic Division
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Resulting High Unemployment • Low and falling GDP growth has contributed to
high and increasing unemployment.
• Unemployment most severe among the highly productive ---the young.
• Unemployment has deepened with the long term employed joining the ranks of unemployed.
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A Jobs Strategy• Rooted in stimulating economic growth.• Emphasis on key sectors of Agriculture,
Construction, Manufacturing , Tourism and Services.
• Drive the export market through robust marketing.
• Supporting fiscal and monetary policies• Build supporting infrastructure.
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5,000
In the first 3 years
NEW JOBSGROWTH ENGINES
Rethink Renew
Rebuild
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Be faithful to the Nature Island global positioning strategy set out in our National Anthem
TOGETHER WE WILL
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Develop and grow a model green economy that rewards enterprise, puts our people to work for decent wages, gives a fair chance to all and secures our place in the global trade of goods and services.
TOGETHER WE WILL
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Smart, market driven agricultureLight manufacturing – juices and root crops for natural food niche marketsTourism strategically aligned with our nature island resources and targeting high end niche marketsConstruction - Housing market to make home ownership more affordable and easily available
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Together, we will embark on a comprehensive air and sea access initiative to include the development of an international airport, the modernization of our sea ports, a Dominica based airline and a high speed ferry service.
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Improve the quality of governance by eliminating waste and inefficiency in government spending and optimizing public sector investment resources
Make Dominica a low tax jurisdiction open to increased investment dollars across all growth drivers from at home and abroad
TOGETHER WE WILL
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TOGETHER we will educate our sons and daughters to become successful global citizens capable of competing and winning in the varied disciplines of global enterprise for self and country
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ENSURE caring, competent leadership that uses government for the advancement of people and not for the personal enrichment of ministers.
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TOGETHER,We will stamp out the rampant corruption that illicitly enriches ministers of government and their friends with public money cheated away from securing the greatest good for the greatest number
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Better GovernanceA Growing EconomyJobs, jobs and more jobsYouth economic empowerment Ladders of opportunityMore chances to succeed
WE RISE FOR:
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All for each…And each for all
Thank You!
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www.changeisamust.com
www.uwpteamdominica.com
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LET’
S G
ET T
O W
ORK
Thank you