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Commission de l’Océan Indien




Q4, Avenue Sir Guy Forget, Quatre-Bornes, Maurice
Tél: (230) 425 1652/425 9564, Fax: (230) 425 2709


             www.coi-ioc.org
Small States in a World of Economic
      and Financial turbulence

             Raj MOHABEER
  Officer in Charge of Economic Affaires
             General secretariat
         Indian Ocean Commission
What development partnerships for Small States in a
  World of Economic and Financial turbulence?
CONTEXT:
• Globalisation: an accelerating process which even the
  developed countries are not able to control individually, let
  alone the SIDS; but the latter depend on the DC markets;
• Erosion of preferences & diminishing income, but increasing
  costs for ensuring sustainability of resources;
• Aid already flowing more on trade and economy; with the
  crisis, pessimism of aid but a more reinforced focus on
  economy and less and less focus on the other aspects of SD.
• Emerging economies – the Asian tigers: what opportunities
  and challenges?
• Economic development strategies based more on trade and
  regional integration strategies;
• SIDS need for identifying new opportunities for economic
  growth, maintain existing markets and try to access new and
  larger markets access;
• >350 RTAs notified to WTO and EPA with EU; etc
Larger regional markets and partnerships
             with neighbouring ROs
   Regionalisation is here and all the SS and SIDS are
    involved in a Regional Integration process with each region
    with its own model.

For the IOC perspective:
 RI very costly. For e.g the EU process – 25,000 personnel,
  hundreds of institutions. Which SIDS region can afford
  that?
 How far any SS/SIDS region can go in the process of RI?
 So what is IOC doing?
    • RI process and EPA: e.g bottom-up approach, e.g
      fisheries management, trying to follow the Pacific model
    • promoting the sub-regional issues within the larger
      region on the basis of subsidiarity
    • Improved functional cooperation with common
      strategies and programmes with neighbouring ROs
Reinforced functional cooperation
• Focus on sustainable development: so
  as far as possible all the thre pillars of
  SG are integrated in programmes;
• synergies and complementarities
  amongst neighbouring ROs - IOC,
  COMESA, SADC, EAC, IGAD and IOC’s
  role
• Avoid duplication of actions,
  maximisation of optimum use of scarce
  resources whether human or financial –
  RSP/RIP
Key partnerships
   Key partnerships:
     • Reinforced political dialogue;
     • Prepare the region and the economic actors to face the
       challenges; for e.g this workshop needs to be adapted to every
       stakeholder and replicated in the regions
     • Recognise and add value to regional identity and for IOC, the
       “indianoceanic” identify;
     • Ensure adequate and regular representation in key regional
       and international fora;
     • Put in a system for the “valorisation” of regional experts and
       elites, ensure a participatory approach involving all parties
       concerned such as the youth, the women, the population, the
       private sector and economic operators, parliamentarians,
       NGOs, etc.
     • Improve development partners and donors and set up a donor
       coordination mechanism, monitor access to aid resources.
       Ensure that Paris Declaration does note remain a “slogan”, but
       there are concrete actions to oversee its application.
Processes
   IOC AfT Strategy;
   Projects, programmes and priorities;
   Networking and a large focus on
    sustainability issues; so e.g UOI,
    MCS, RTTP, etc
ISIDSMS
   Cooperation with the other SIDS
    region;
   Focus on the best practices
    worldwide;
   Mechanism for setting up a
    permanent forum for us?...to move
    this workshop move forward.
CONCLUSION:
partners = results




                     9
We can…but together!




                       10
Thanks

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Partnerships For Development Ioc

  • 1. Commission de l’Océan Indien Q4, Avenue Sir Guy Forget, Quatre-Bornes, Maurice Tél: (230) 425 1652/425 9564, Fax: (230) 425 2709 www.coi-ioc.org
  • 2. Small States in a World of Economic and Financial turbulence Raj MOHABEER Officer in Charge of Economic Affaires General secretariat Indian Ocean Commission
  • 3. What development partnerships for Small States in a World of Economic and Financial turbulence? CONTEXT: • Globalisation: an accelerating process which even the developed countries are not able to control individually, let alone the SIDS; but the latter depend on the DC markets; • Erosion of preferences & diminishing income, but increasing costs for ensuring sustainability of resources; • Aid already flowing more on trade and economy; with the crisis, pessimism of aid but a more reinforced focus on economy and less and less focus on the other aspects of SD. • Emerging economies – the Asian tigers: what opportunities and challenges? • Economic development strategies based more on trade and regional integration strategies; • SIDS need for identifying new opportunities for economic growth, maintain existing markets and try to access new and larger markets access; • >350 RTAs notified to WTO and EPA with EU; etc
  • 4. Larger regional markets and partnerships with neighbouring ROs  Regionalisation is here and all the SS and SIDS are involved in a Regional Integration process with each region with its own model. For the IOC perspective:  RI very costly. For e.g the EU process – 25,000 personnel, hundreds of institutions. Which SIDS region can afford that?  How far any SS/SIDS region can go in the process of RI?  So what is IOC doing? • RI process and EPA: e.g bottom-up approach, e.g fisheries management, trying to follow the Pacific model • promoting the sub-regional issues within the larger region on the basis of subsidiarity • Improved functional cooperation with common strategies and programmes with neighbouring ROs
  • 5. Reinforced functional cooperation • Focus on sustainable development: so as far as possible all the thre pillars of SG are integrated in programmes; • synergies and complementarities amongst neighbouring ROs - IOC, COMESA, SADC, EAC, IGAD and IOC’s role • Avoid duplication of actions, maximisation of optimum use of scarce resources whether human or financial – RSP/RIP
  • 6. Key partnerships  Key partnerships: • Reinforced political dialogue; • Prepare the region and the economic actors to face the challenges; for e.g this workshop needs to be adapted to every stakeholder and replicated in the regions • Recognise and add value to regional identity and for IOC, the “indianoceanic” identify; • Ensure adequate and regular representation in key regional and international fora; • Put in a system for the “valorisation” of regional experts and elites, ensure a participatory approach involving all parties concerned such as the youth, the women, the population, the private sector and economic operators, parliamentarians, NGOs, etc. • Improve development partners and donors and set up a donor coordination mechanism, monitor access to aid resources. Ensure that Paris Declaration does note remain a “slogan”, but there are concrete actions to oversee its application.
  • 7. Processes  IOC AfT Strategy;  Projects, programmes and priorities;  Networking and a large focus on sustainability issues; so e.g UOI, MCS, RTTP, etc
  • 8. ISIDSMS  Cooperation with the other SIDS region;  Focus on the best practices worldwide;  Mechanism for setting up a permanent forum for us?...to move this workshop move forward.