TUESDAY JUNE 16
HARNESSING GROWTH IN THE CARIBBEAN
8:00-9:00 - Registration and Breakfast
9:00-9:45 - Official Opening Remarks by Hon. Dr. Kenny D. Anthony, Prime Minister of the Government of St Lucia
9.45-10.00 - Keynote: Global Economic trends and Implications for the Caribbean Region. Marcelo Giugale, Sr. Director, Macroeconomics & Fiscal Management, World Bank
SESSION I GROWTH, COMPETITIVENESS AND JOBS
10:00-11:30 - The Caribbean region’s interventions of the past decades aimed at spurring growth have not led to the expected outcomes. Supply-side responses, focused on improving the overall investment climate and on removing obstacles to growth, have not generated the expected growth rates and employment levels. What would it take for growth to resume? What are the strategies and tools necessary to achieve growth? How can Caribbean small states diversify their sources of growth?
- Chair: Hon. Dr. Kenny D. Anthony, Prime Minister of the Government of St Lucia
- Daniel Lederman, Deputy Chief Economist, Latin America and the Caribbean Region, World Bank;
- Edgardo Favaro, Senior Consultant
- Didacus Jules, Director General, OECS Commission
11:30-11:45 - Coffee break
SESSION II TRADE AND DIVERSIFICATION
11:45-13:15 - What would be the best strategy for the Caribbean region: diversify products and services or trading partners? Is there scope for further regional trade integration? Where are the opportunities to enhance export performance?
- Chair: Daniel Lederman, Deputy Chief Economist, Latin America and the Caribbean Region, World Bank
- Malcolm Spence, Senior Coordinator, Intellectual Property, Science and Technology Issues in the Office of Trade Negotiation (OTN) of the CARICOM Secretariat
- Lino Briguglio, Professor of Economics, Director, Islands and Small States Institute, University of Malta
- Alberto Trejos, Former Minister of Foreign Trade, Costa Rica
13:15-14:30 - Lunch Keynote.
- Introductions: Tracy Polius, Permanent Secretary of Planning and National Development in the Ministry of Finance, Economic Affairs and Social Security, Saint Lucia
- The Case of Mauritius. Sen Ramsamy, Managing Director, Tourism Business Intelligence, Vanilla Islands, Africa & Middle East
SESSION III PRODUCTIVITY, TECHNOLOGY AND INNOVATION
14:30-16:00 - Labor costs too high for light manufacturing – at the same time, deficit of skills to compete at a higher level of technical sophistication. What is the story of productivity in the Caribbean – is labor too expensive for manufacturing and not high skilled enough for high-tech? What needs to be done to raise productivity in the region? What is the role of the services sector in the Caribbean growth model?
- Moderator: Inder Ruprah, Regional Adviser, Caribbean, Inter-American Development Bank
- Preeya Mohan, University of the West Indies, SALISES, Caribbean Center for Competitiveness
- Martha Licetti, Senior Economist, World Bank
- Avinash D. Persaud, Chairman of Intelligence Capital Ltd
16:00-16:30 - CLOSING REMARKS
- Sophie Sirtaine, Country Director, World Bank
18:30-21:00 - DINNER AND CULTURAL EVENT, Courtesy of the Host Government
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WEDNESDAY JUNE 17
INNOVATIVE APPROACHES AND ENABLING ENVIRONMENT FOR GROWTH
9:00-9.15 - Youth Testimonial
SESSION IV - ENTREPRENEURSHIP AND INNOVATION
9:15-10:45 - Can innovation fuel growth and new market opportunities for Caribbean economies? Where do we see examples in other parts of the world of innovative clusters creating new and exciting economic prospects, and what can the Caribbean learn from them? What are the right strategies to stimulate innovative, growth oriented enterprises, entrepreneurs and foster the right ecosystems for them to succeed?
- Moderator: Valerie D’Costa – Program Manager, infoDev, World Bank
- Justin Ram, Director of Economics, Caribbean Development Bank
- Rikhi Permanand, Executive Director of the Economic Development Board and the Council for Competitiveness and Innovation, Ministry of Planning and Sustainable Development, Trinidad and Tobago
- Danielle Irons, DRT Communications, recipient of First Angel Jamaica Investment, Jamaica
- Jessica Colaco, Director of Partnerships at iHub, Kenya
10:45-11:00 - Coffee Break
SESSION V - INNOVATIVE APPROACHES FOR FINANCING THE PRIVATE SECTOR
11:00-12:30 - How can the financial sector help support growth? What is the role of the banking sector in providing an expanded range of financial services tailored to the needs of the Caribbean economies? What are new and groundbreaking approaches for financing SMEs / entrepreneurs in the Caribbean? How can the private sector and government support these approaches to ensure sustainability?
- Moderator: Ann Rennie, Lead Financial Sector Specialist, World Bank
- Caroline Cerruti, Senior Financial Specialist, World Bank
- Phillip Cross, Scotiabank St. Lucia
- Mrs. Claudine Tracey, General Manager Strategic Services, Development Bank of Jamaica
- Mariame McIntosh, Partner, Portland Private Equity Fund
12:30-13:45 - Lunch – Caribbean Diaspora Capital
- Moderator: Zahra Burton, Founder of Global Reporters for the Caribbean and the Executive Producer of 18 Degrees North
- Honorary Guest Speaker: Dr Martin Russel, Associate Director, Diaspora Matters/UNU-MERIT Fellow
SESSION VI - HOW TO SUPPORT GREATER PARTICIPATION IN GLOBAL VALUE CHAINS
13:45-15:15 - Global value chains (GVCs) are creating more and more of world income. Data at the individual country level indicate that being part of GVCs is associated with a higher growth rate since the mid-1990s. How can you be competitive when you are small? What can public policies do to harness market opportunities in industry segments? What lessons learned from industry-specific reforms? What process can firms follow to enter GVCs and benefit from transmission channels between the global chains and domestic value-added? This session will present a few sector cases.
- Chair: Daria Taglioni, Senior Trade Economist, World Bank
- Indera Sagewan-Alli, Head of Caribbean Center for Competitiveness
- Desiree van Welsum, Senior ICT Policy Expert, Associate Partner, Innovia Ventures
- Lorna Green, CEO, GSW Reel Rock Animation, Jamaica
- Andre Boersma, General Manager, Sugar Beach Resort, St Lucia
- Holger Cray, Lead Agriculture Economist, World Bank
15:15-15.30 - Coffee Break
SESSION VII - CGF’s ROLE IN SUPPORTING GROWTH: STOCK-TAKING AND OUTLOOK
15:30- 17:00 - Reforms in the Making: Taking Stock of progress of CGF National Dialogues, Regional Cooperation and Ensuring Sustainability. How successful has the CGF process been in supporting reforms in the three areas identified to date? What has worked? What has not worked? In light of the event’s discussions and lessons learned, what is the suggested contribution of the CGF to continue supporting reforms going forward? What will be the role of regional cooperation in the reform process?
- Chair: Timothy Antoine, Permanent Secretary, Ministry of Finance, Grenada
- Syed Akhtar Mahmood, Lead Investment Policy Officer, World Bank Group
- Hon. K Dwight Venner, Governor of the Eastern Caribbean Central Bank
- Aine Brathwite, President of OECS business council
17:00-17:30 - CLOSING SESSION: Reflections on way forward
- Keynote Speaker: Sophie Sirtaine, Country Director, the Caribbean, World Bank
- Keynote Speaker: Ms. Emma Hippolyte, Honourable Minister for Commerce, Business Development, Investment & Consumer Affairs.
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SIDE EVENTS
MONDAY JUNE 15
ROUNDTABLE WITH CGF FOCAL POINTS
3:00-6:00pm - Stocktaking of Caribbean Growth Forum.Participants: Government Focal Points
HIGH LEVEL PUBLIC PRIVATE PARTNERSHIP EVENT
1:00-1:30 - Welcome Addresses
1:30-2:00 - The Risks and Rewards of PPPs
- Introduction: Dennis Blumenfeld (MIF/IDB)
- Brian Samuel (CDB)
2:00-3:00 - Panel Discussion: Sharing PPP Experiences
- Coordinator & Moderator: Matt Bull (PPIAF)
- Denise Arana (DBJ Jamaica)
- Stewart Smith (Ministry of Health Trinidad & Tobago)
- OECS Perspectives: Fitzroy James (Minister of Finance Granada) (To be confirmed)
Audience Q&A
3:00-4:00pm - Trending Issues in PPPs:
- Coordinator & Moderator: Dennis Blumenfeld (MIF)
- PPPs and Fiscal Management: Rui Monteiro (World Bank)
- Managing Unsolicited Proposals: Marcel Ham (RebelGroup)
- Preparing Bankable Transactions: Darryl Davis (IFC)
Audience Q&A
4:00-4:30 - Overview of the Regional PPP Activity:
- Toolkit, Bootcamp, Helpdesk: Matt Bull (PPIAF)
- Policy, Project Screening: Dennis Blumenfeld (MIF)
- Overview, timeline: Brian Samuel (CDB)
Audience Q&A
4:30-4:45 - Closing Remarks: Sophie Sirtaine (World Bank)
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TUESDAY JUNE 16
CGF TECHNICAL WORKING GROUP MEETING
8:00-11:00am - Roadmap for the way forward for the CGF
- Participants: Government Focal Points, Permanent Secretaries and Private Sector Point Persons