Amount: £72 988.00
Duration: 36 months
The Institute of Law and Economics is increasing participatory dialogue on fiscal policy in Jamaica by creating a new network who will learn to engage effectively in the process of fiscal policy formation.
Following the economic turmoil that many Caribbean nations experienced during the global economic downturn that began in 2008, it became clear that countries in the Caribbean region needed to develop the skills and strength to build their financial policies and make their voices heard in wider policy debates.
With the support of the Institute of Law and Economics in Jamaica, this project will create an official network of businesses, NGOs, CSOs, youth organisations, community organisations and will increase their knowledge and skills to engage effectively in the process of fiscal policy formation. Workshops and public forums around the region will be held, and partnerships with tertiary institutions will be forged to capture younger opinions. Network participation at OECD, UN and Commonwealth forums on tax will also be secured.
Grass-roots groups, small and medium-sized enterprises, youth organisations, civil society organisations will all benefit from the increased visibility of fiscal policy, by having their voices heeded and from inclusive and constructive dialogue with government.
A comprehensive communications strategy, will be developed so that the project can leave a sustainable legacy that will provide guidance and support for any and all Caribbean leaders, stakeholders and experts long into the future.
Professor Rosalea Hamilton, founding Director of the ILE, is excited by the response to the project so far, especially from young people. She said, “I am confident that this investment in deepening our democracy will enhance the growth of our human, social, and political capital and, in turn, will contribute to social and economic development in the Caribbean.”