Delivered in the context of UN Trade and Development's UN Development Account Project, "Stronger and greener productive capacities for just transitions in Caribbean Small Island Developing States", this workshop will discuss the current trends in socio-economic development of Jamaica, progress achieved and challenges encountered.
Views will be exchanged on Jamaica’s national development strategy and UNCTAD’s strategy for SIDS, with particular attention to enablers and facilitators of growth, structural transformation and economic diversification.
The workshop aims to relate the concepts of productive capacities and structural economic transformation to Jamaica's development endeavours, including policy implications for inclusive growth and sustainable development.
The session will discuss UNCTAD’s Productive Capacities Index (PCI), which is an innovative approach applied by UNCTAD to measure and benchmark the level of development of productive capacities, and the National Productive Capacities Gap Assessment as the prelude for building productive capacities.
It will examine Jamaica's PCI and discuss the success stories of building productive capacities and accelerating structural economic transformation.
