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Tuesday, 10 February 2015

NCU's W D Carter Lecture: 'Corruption and its Impact on Economic Development in the Caribbean'


NIA head urges action to address low human development


Tuesday, February 03, 2015 - Jamaica Observer 
Professor Trevor Munroe, Executive Director of National Integrity Action (NIA) shares with the audience at NCU's W D Carter Lecture series recently on the topic: 'Corruption and its Impact on Economic Development in the Caribbean'

EXECUTIVE Director of National Integrity Action (NIA), Professor Trevor Munroe, has cited a need for urgent action to address low human development and high income inequality, locally and internationally, resulting from what he described as the implementation of "bad policies".
Speaking at the recent W D Carter Lecture at Northern Caribbean University (NCU) in Manchester, on the theme: 'Corruption and its Impact on Economic Development in the Caribbean', Professor Munroe noted that the World Economic Forum identified income inequality as the number one risk for people globally, including Jamaica and the Caribbean, in 2012, 2013, and 2014.
Munroe said that the United Nations Development Programme's (UNDP) annual Human Development Report for 2014 found that of the 14 CARICOM states, "not one...made it into the top 20 per cent of the 187 assessed" in terms of significant quality of life, incorporating, among other things, income, health, and education, "not even our best performers, Barbados (at 59), nor the Bahamas (51)".
"Regrettably, Jamaica was ranked 96 out of 187. This ranking, of course, reflects the fact that, throughout the region, the quality of life for the majority...is characterised by inadequate opportunities, everyday frustration, and high levels of inequality," he noted.