Trade and Development Strategies

Year Strategy name Sector
2010 Human Resources Development Strategy

The plan aims at developping national, institutional, and humn capacity in... The plan aims at developping national, institutional, and humn capacity in order to fully realise Barbados' potential. The main strategic goals of the plan are: 1) Creation of an enabling environment for human resource development through institutional strengthening and capacity building; 2) Development of an internationally-recognised national qualifications framework; 3) Development of a demand-driven professional development and training services; 4) Rationalisation of knowledge management systems and improved information access; and, 5) Enhancement of research to improve innovation, entrepreneurship, and development capacity. The activities carried out under the plan should yield the following outcomes: a) An effective enabling environment; b) An improved internationally-recognised national qualifications framework; c) A demand-driven education and training programme; d) A rationalised knowledge management system; e) Enhanced research to improve innovation, and entrepreneurship capacity.

2010 Medium-Term Fiscal Strategy

The plan aims at restoring Barabados' public finances, achieving a balanced fiscal... The plan aims at restoring Barabados' public finances, achieving a balanced fiscal budget by 2014/2015 and small surplus the following year; and reducing public debt to 70% of GDP by 2017/2018 in order to improve the country's credit ratings.

2009 Medium-Term Development Strategy of Barbados

The Medium-Term Development Strategy outlines the current economic situation of Barbados and... The Medium-Term Development Strategy outlines the current economic situation of Barbados and it envisages strategic developments for the 2010-2014 period. In particular, it focuses on a wide range of macroeconomic, economic and social issues, such as education, health care, justice, labour market, culture, poverty reduction, agriculture, tourism, energy, environment etc. etc..

Agriculture, Energy, International Business and Financial Services, Tourism Agriculture, Energy, International Business and Financial Services, Tourism

2004 Sustainable Development Policy

The National Sustainable Development Policy constitutes a first step in order to... The National Sustainable Development Policy constitutes a first step in order to set up a policy framework inspired to the principles of sustainable development and dealing with individual issues from an integrated, holistic perspective. The document is divided into two sections: the first one includes the core concepts and principles of sustainable development in Barbados; the second outlines specific recommendations which will inform practices and activities in the Barbados. The aim of the policy is to ensure development and growth in accordance with the protection of natural resources and overall sustainability . The main objectives of the policy are: 1) to formulate a national definition of Sustainable Development and identify national principles for its pursuit; 2) to provide a national framework for decision-making based on principles of Sustainable Development; 3) to promote principles of Sustainable Development and encourage all persons in Barbados to adopt and apply these principles in every aspect of decision-making; and 4) to sensitize and educate all persons in Barbados about key issues and conflicts between development and environment and the need to make wise consumption and production choices.

2001 UNDAF Barbados and the OECS 2002-2004

The document outlines the rationale and the process for the elaboration of... The document outlines the rationale and the process for the elaboration of a development assitance framework for Barbados and the OECS countries, and it identifies the main obstacles to development for these countries, both on a regional, global, and community level. Finally, it envisages as its main objectives: a) the right to a sustainable livelihood; b) the right to security or person; c) the rigth to food security; d) the right to health and education; e) the right to participation and equal protection under law; f) capacity building of governments.