Regional Strategies Case Study
Regional bodies such as UWI, Caribbean Tourism Organisation; and Non-State Actors, including CAIC, Caribbean Congress of Labour, Caribbean Employers’ Confederation and Caribbean Policy Development Centre.
The efficacy of assembling sub-committees to conduct work in specific areas could also be explored, e.g. on specific themes such as simplification of donor reporting procedures (ad hoc) or specific sectors such as services (permanent). The Substantive Work of Aid-for-Trade Committees The substantive work of Aid-for-Trade Committees could include the following: a. b. c. d. e.
Measurement and monitoring of ’aid for trade’ in the Caribbean; Simplification of disbursement and reporting procedures; Establishment of project priorities; Matching of donor funds to country/sub-regional/regional projects; and The carrying out of programme/project evaluations.
How Much Aid is Being Provided? As noted in Section 3, there are no centralized records of ‘aid for trade’ in the region. The Committees will have to discuss how best countries could capture and record such information. As a start, however, donor agencies could assist the region by compiling a Caribbean ‘Aid for Trade’ report, drawing upon their records. This will help to provide a benchmark against which additionality could be measured. Simplifying Disbursement and Reporting Procedures Most donor agencies in the Caribbean have adopted the Paris Declaration of Aid Effectiveness, which seeks more coherence, accountability, improved performance and harmonisation in the delivery of donor assisted programmes. The CARICOM Secretariat is now collaborating with partners in the region and has agreed to play a lead role in the coordination of donor supported activity. The aim is to ensure the efficient implementation, reporting and monitoring of regional programmes, with an initial focus on harmonized reporting. ‘Aid for trade’ could benefit substantially from such an initiative. Establishing Project Priorities and Matching Funds The issue of project priorities is an important one to the extent that funds are not unlimited. Donor-recipient discussions could assist greatly in ensuring that needs are addressed at all levels. Enhanced co-ordination would eliminate duplication of efforts, ensure transparency in terms of who is funding what and hopefully, lead to more predictable funding. It could also assist with securing funding for areas that have been traditionally under-funded such as services and crossborder projects that may be too difficult for countries to fund on their own.
Published on Sep 14, 2007
this report was prepared by the integration and trade sector (int) as a contribution to the regional meeting on mobilizing aid for trade: la...