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CONTACT Magazine (Vol.19 No. 4 — December 2019)

The seventh issue of the rebranded CONTACT Business Magazine — with a brand new editorial and design direction — produced by MEP Publishers for the Trinidad & Tobago Chamber of Industry & Commerce

The seventh issue of the rebranded CONTACT Business Magazine — with a brand new editorial and design direction — produced by MEP Publishers for the Trinidad & Tobago Chamber of Industry & Commerce

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2030: the next decade

Lessons from Vision 2020

Trinidad & Tobago: selected

developmental indicators 2005

+ 2018

As the indicators in the table show,

Trinidad and Tobago has made little

substantive progress in the 15 years

since Vision 2020 was launched. Only

one indicator, GDP per capita, shows

improvement, with a 23% rise. However,

this measure only reflects an increase in

energy revenues rather than productivity

growth, and therefore is unlikely to be

sustainable.

More relevant indicators are the spike

in murders, the growing perception of

corruption, and the decline in democracy.

If we were on a developmental path,

these trends would be going the other

way. Similarly, infant mortality has been

shown to correlate with socio-economic

development, perhaps because of how

a society takes care of its babies often

indicates other progressive policies. But

the steepest decline is also the most

reliable indicator of our inability to

achieve Vision 2020: Trinidad and Tobago

has far less economic freedom now than

it did in 2005.

Table 1: Selected developmental indicators

2005 & 2018

Measure 2005 2018

GDP per capita US$12,413 US$15,300

Homicide rate 25 36¥

Infant mortality 15 Ω 15

Corruption 38 41*

Economic freedom 71.5 57.7*

Democracy 52 45 §

¥ per 100,000 persons Ω per 1,000 births

* highest score 100 § out of 112 countries

Source: various local and international entities

By 2020, according to the plan, Trinidad and Tobago

should have attained developed nation status. We

should have invested in sound infrastructure, created

an enabling environment for business and innovation,

and entrenched effective governance. In this personal

assessment, Kevin Baldeosingh considers the success of

Vision 2020

by Kevin Baldeosingh

Freelance writer

The Draft National Strategic Plan (DNSP) for Vision 2020 was published in

2005, and involved approximately 600 professionals, activists and experts

in various fields. The goal of the DNSP was to “build a developed nation together,

calling us to action and pointing the way ahead.” Fifteen years later, Vision 2020

has proved to be a near complete failure.

The original plan had the following goals:

• equal opportunities for all citizens

• quality healthcare for everyone, with peaceful

and environmentally healthy communities

• a modern education system

• respect for the rule of law, human rights, and democracy

• diversity and creativity valued and nurtured.

The Vision 2020 dilemma

In 2010, government published a progress report on Vision 2020 which claimed

“an implementation rate of approximately 70 per cent in four years”. However,

the report’s own statistics show that only 18% of objectives were actually

achieved, and 30% showed no significant progress. With respect to goals like

“effective government”, the achievement rate was a dismal 3%; for competitive

business, 17%; and for “developing innovative people”, 4%.

By publishing the new plan, Vision 2030, in 2017, the government implied

that Vision 2020, not yet completed, was not a success (see Table 1). This new

initiative identified negative cultural values as the core basis for the lack of

implementation of Vision 2020 and, concomitantly, posited that success would

be achieved by promulgating those norms and attitudes which research had

shown were necessary for economic and social progress.

“A main part of the answer resides in cultural factors or the values, attitudes

and behaviours that we, the people of Trinidad and Tobago, either possess or

lack,” says the 2030 Draft Plan. “They manifest negatively in our country in

many ways such as the persistence of corruption, rent seeking, low productivity

and poor work ethos.”

14 DECEMBER 2019 chamber.org.tt

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