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 National Economy : A Hope For The Youth . . (With an emphasis on youth unemployment). . THE TEAM FOR DOMINICA. Team Dominica. - PowerPoint PPT Presentation

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Page 1: The National Economy :  A Hope For The Youth

 The National Economy:

A Hope For The Youth.

(With an emphasis on youth unemployment).

Page 2: The National Economy :  A Hope For The Youth

THE TEAM FOR DOMINICA

Page 3: The National Economy :  A Hope For The Youth

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

Page 4: The National Economy :  A Hope For The Youth

Dominica will become the best place to live, work and enjoy life in the global community.

OUR VISION

Page 5: The National Economy :  A Hope For The Youth

•Leadership •Caring•Honesty•Integrity•Accountability•Pursuit of Excellence•Continuous Improvement•Global Teamwork

OUR VALUES

Page 6: The National Economy :  A Hope For The Youth

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

Page 7: The National Economy :  A Hope For The Youth

SITUATION ANALYSIS

Page 8: The National Economy :  A Hope For The Youth

Dominica’s GDP trails the rest of the World

Page 9: The National Economy :  A Hope For The Youth

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

Page 10: The National Economy :  A Hope For The Youth

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

Page 11: The National Economy :  A Hope For The Youth
Page 12: The National Economy :  A Hope For The Youth
Page 13: The National Economy :  A Hope For The Youth

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.

Page 14: The National Economy :  A Hope For The Youth

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.

Page 15: The National Economy :  A Hope For The Youth

5,000

In the first 3 years

NEW JOBSGROWTH ENGINES

Rethink Renew

Rebuild

Page 16: The National Economy :  A Hope For The Youth

Be faithful to the Nature Island global positioning strategy set out in our National Anthem

TOGETHER WE WILL

Page 17: The National Economy :  A Hope For The Youth

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

Page 18: The National Economy :  A Hope For The Youth

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

Page 19: The National Economy :  A Hope For The Youth

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.

Page 20: The National Economy :  A Hope For The Youth

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

Page 21: The National Economy :  A Hope For The Youth

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

Page 22: The National Economy :  A Hope For The Youth

ENSURE caring, competent leadership that uses government for the advancement of people and not for the personal enrichment of ministers.

Page 23: The National Economy :  A Hope For The Youth

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

Page 24: The National Economy :  A Hope For The Youth

Better GovernanceA Growing EconomyJobs, jobs and more jobsYouth economic empowerment Ladders of opportunityMore chances to succeed

WE RISE FOR:

Page 25: The National Economy :  A Hope For The Youth

All for each…And each for all

Thank You!

Page 26: The National Economy :  A Hope For The Youth

www.changeisamust.com

www.uwpteamdominica.com

Page 27: The National Economy :  A Hope For The Youth

LET’

S G

ET T

O W

ORK

Thank you