Last week, the Economic Commission of Latin America and the Caribbean (Eclac) hosted a conference in Port-of-Spain that aimed to review progress that has been made throughout the region in achieving the Millennium Development Goals (MDGs) while setting the stage for new Sustainable Development Goals (SDGs).
Established in 2000, the MDGs were eight targets that countries comprising the United Nations agreed would be appropriate to raise the standard of living of the majority of the world's population.
While the statistics are not readily available, there is a perception that T&T has made good progress in achieving some of the goals, such as eradicating extreme poverty and hunger, achieving universal primary education and combatting diseases including HIV/Aids and malaria.
Given the surprisingly large number of reports of either mothers or children dying in childbirth, it is unlikely that T&T has achieved the goals of reducing child mortality and improving maternal health. This is despite the fact that governments since 2000 have spent billions of dollars on the system of healthcare.
In terms of the goal of promoting gender equality and the empowerment of women, the evidence of the achievement of girls and women throughout the educational system–from nursery to tertiary–as well as the representation of women in Parliament, the Judiciary, the professions and in business may point to outperformance.
The last major goal–ensuring environmental sustainability–is not one that T&T policymakers have paid much more than lip service to until quite recently.
The period for achieving the MDGs is due to come to an end this year, which means that before there is serious local discussion about the SDGs–which are set to be active between 2015 and 2030–there should be a thorough domestic discussion and review of the MDGs and the extent to which the country has lived up to its commitments made 15 years ago.
The collapse of the Central Statistical Office has limited this country's ability to publish, in a timely fashion, important economic statistics on trade, unemployment and the balance of payments.
This might mean that the CSO, and the relevant government departments, are even more hamstrung in publicising the number of people living in extreme poverty, the extent of child mortality or the number of children who are actually attending primary schools for more than 90 per cent of the school days.
One of the goals that T&T must seriously address, therefore, is the improvment in the collection and dissemination of data that touch all segments of life in T&T. Given the approximately $500 billion that has been spent by governments between 2000 and 2015, the question needs to be asked whether the population has received value for money in healthcare and education, which are important facets of the MDGs. Between 2000 and 2015, there has been a sharp increase in the amount of money distributed in transfers and subsidies, which is mainly aimed at ensuring that as many people as possible are able to keep their heads above the extreme poverty line.
In a small, ethnically divided country, this approach to social sector spending is liable to be politicised, both in terms of who gets the transfer or the subsidy and for how long.
Along with the necessary reform of data collection and dissemination, then, some serious thinking needs to go into improving the efficiency and effectiveness of the country's annual transfer and subsidy allocation, including, but not limited to, the companies that get the lion's share of government contracts.