LAUNCH OF THE HUMAN DEVELOPMENT REPORT April 2013 St. Vincent and the Grenadines

The rise of the South Drivers of development transformation Sustaining the momentum Opportunities and priorities for a New Era A closer look at Barbados CONTENTS

RISE OF THE SOUTH: GLOBAL REBALANCING EXPANSION OF HUMAN CAPABILITIES AND CHOICES

GLOBAL REBALANCING

REALIGNMENT OF WORLD TRADE

RAPID HUMAN DEVELOPMENT ACROSS THE GLOBE Rwanda Uganda Bangladesh India Ghana Viet Nam Indonesia China Tunisia Turkey Brazil Mauritius Malaysia Mexico Chile Korea, Rep. Thailand Lao PDR

MUCH HUMAN PROGRESS, PARTICULARLY IN LOW HDI COUNTRIES Avg. Annual Growth rate HDI Spread– highest vs. lowest

MASSIVE EXPANSION OF THE GLOBAL MIDDLE CLASS

INTERNET CONNECTIVITY

Why have some countries done better than others? What can we learn from them? What are the common drivers? Proactive development states Tapping global markets Social policy innovation

Nurturing industrial capacities PROACTIVE DEVELOPMENTAL STATES Enhancing public investment in health and education Commitment to long-term human development Actively promoting job creation

1 Investing in infrastructure to facilitate market access TAPPING GLOBAL MARKETS Investment in people to make the best of trade opportunities 2 3 Expanding into non- traditional markets

1 Expanding education access by equalizing funds across regions and municipalities SOCIAL POLICY INNOVATIONS Poverty reduction through innovative cash transfer programmes Health care for all and targeting the poor 2 3 BRAZIL TURKEY MEXICO 4 Productive Safety Nets Programme for food security and infrastructure investment ETHIOPIA 5 JAMAICA PATH: Impact on children’s health and school attendance

How can we sustain human development for the generations to come? Challenges Enhancing equity Promoting voice and accountability Confronting environmental challenges Aligning demography to policy

PROMOTING EQUITY, VOICE AND ACCOUNTABILITY Countries with less inequality do better and improve more in human development Equitable, quality education are essential to reduce gender inequality and promote human development Participation and inclusion essential to stability and social cohesion 3 Educated, interconnected youth demand greater accountability

CONFRONTING ENVIRONMENTAL CHALLENGES

COST OF INACTION: POTENTIAL ENVIRONMENTAL IMPACT ON POVERTY

1 To reap a demographic dividend and benefit from youth bulge, job creation should have priority ALIGNING DEMOGRAPHY TO POLICY Analysing investment according to population 2 3 Skills formation and productivity gains can help cope with a rapidly aging population

Governance for a changed world New development partnerships THE RISE OF THE SOUTH: OPPORTUNITIES

1 MORE SPACE FOR NON STATE ACTORS Citizen networks and social media can promote new norms to reinforce accountability of both state and private actors REDESIGN FOR A NEW ERA GLOBAL GOVERNANCE For fair representation and shared responsibility, 20 th century institutions must adapt to 21 st century realities COHERENT PLURALISM Rise in regional institutions and finance mechanisms 2 3

NEW INSTITUTIONS, NEW MECHANISMS $3.36 trillion $6.84 trillion Infrastructure development banks New institutions can facilitate regional integration and South- South relationships A new South Commission

Rising economic strength must be matched by a full commitment to human development LDCs can learn and benefit from the success of emerging economies Partnerships and institutions to facilitate South-south cooperation Greater representation for the South and CSOs can accelerate progress on major global challenges In a more connected world, the South continues to need the North and the North now needs the South as well PRIORITIES FOR A NEW ERA

A CLOSER LOOK AT BARBADOS

HDI RANKINGS

BARBADOS HDI GROWTH TRENDS

BARBADOS Figure 1: Trends in Barbados’s HDI component indices Poverty: 15.0 Indigence 6.9% (Household) Gini Coefficient: 0.47 (SLC 2010)

HUMAN DEVELOPMENT IN THE OECS

BARBADOS & REGIONAL HDI GROWTH TRENDS

BARBADOS AND MAURITIUS: COMMONALITIES IN DEVELOPMENT PATH Very high human development: Barbados, Chile, Argentina

FOREIGN DIRECT INVESTMENT, NET INFLOWS (% OF GDP)

YOUTH AND INNOVATION

DEMOGRAPHIC TRENDS

Drivers in the regionBarbados Proactive states: job creation and nurturing industrial capacity Niche markets Role of innovation and technology Expansion/diversification foreign exchange base Tapping global markets: aligning investment in people with investment in infrastructure for increased market access and non-traditional sectors Integration into the global economy according to national circumstances – this is critical for small economies Foreign Direct Investments Establishment of links to the global network Social policy innovation for addressing structural inequality and enabling social mobility South-South Cooperation (Learn, showcase achievements) Education - accessible, well invested, constant revision and improvement on public education policy Health – accessible Equity, voice & accountability Investments in youth Beyond education access as a measure of gender equality Youth participation and action The engagement of civil society Demographic evidence for policymaking Information and monitoring of demographic trends Policy design and implementation Youth Aging population Climate change Innovation and technology (youth, energy and environment) Voice and advocacy in international arena Green planning Voice in international forums Adaptation and preservation DRIVERS FOR DEVELOPMENT Innovation, resilience approach to development

Post-2015 SIDS 2014 Opportunity to assess partnerships and institutions OPPORTUNITIES: AN IDEAL TIME TO TALK NEW PARTNERSHIPS

Innovations in the South in areas such as social protection, renewable energy and climate-friendly technologies hold solutions that can be shared and used for the benefit of all Within this region alone, with Barbados maintaining its presence in the very high human development category and with all six OECS countries in the high human development group, there are successes right here at home that can provide lessons to be shared. There are many opportunities, a need to innovate and think differently, to explore new options. No one has a monopoly on good ideas – we need to open up to new thinking, test, measure, innovate and accelerate. GOING FORWARD…