Enablers of Economic Development Clause Samples

The "Enablers of Economic Development" clause defines the key factors or mechanisms that facilitate and support economic growth within a particular context, such as a project, partnership, or region. This clause typically outlines specific resources, policies, infrastructure, or collaborative efforts that are necessary to stimulate investment, create jobs, or improve productivity. By clearly identifying these enablers, the clause ensures that all parties understand the foundational elements required for successful economic development, thereby promoting coordinated action and reducing barriers to growth.
Enablers of Economic Development. 1. The Parties shall improve macro-economic and financial stability, strengthen public finance management and work towards public debt sustainability. They shall support Caribbean regional economic integration and cooperation to enable countries to benefit from deeper integration into regional and global value chains. They shall harmonise and simplify business regulations and processes, adopt sound competition policies, including transparency on public subsidies, and ensure effective and predictable tax systems, including at intra-regional level. 2. The Parties shall create an enabling legal environment, strengthen the efficiency of public administrations and judicial systems, improve the business climate through reform of regulatory requirements, enhance access to finance and ensure the protection of land and property rights and intellectual property rights. 3. The Parties shall promote policies that enhance the relevance, efficiency and effectiveness of labour markets and support labour mobility, including the intra-regional dimension thereof. They shall promote quality education and skills development, and shall develop appropriate technical and vocational education and training (TVET). They shall ensure that progress in human capital is adapted to the needs and opportunities of labour markets and is enhanced by private sector involvement. 4. The Parties shall support the development of key infrastructures such as energy, transport, water and sanitation and digital connectivity. They shall cooperate to exploit opportunities arising from technological advancement and the digital economy, including in the area of artificial intelligence. 5. The Parties shall cooperate to improve access to finance, especially for micro, small and medium-sized enterprises (MSMEs), including through regulated banking and non-banking services. They shall develop and strengthen digital financial services, including through enhanced cooperation on the implementation of agreed international standards and ensuring efficient and reliable markets, consumer protection and increased access to mobile-based financial services. 6. The Parties shall address all forms of pollution resulting from economic activities, including through a clear definition and attribution of responsibilities to industry and business operators throughout the supply chain on the basis of the extended producer responsibility and "polluter pays" principles. They shall support green growth initiatives, increased r...
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Related to Enablers of Economic Development

  • Research and Development (i) Advice and assistance in relation to research and development of Party B; (ii) Advice and assistance in strategic planning; and

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

  • Staff Development As part of their induction, new staff will be made aware of this policy and will be asked to ensure compliance with its procedures at all times.

  • Staff Development Leave (a) An employee will be granted leave without loss of pay, at their basic rate of pay, to take courses (including related examinations) or attend conferences, conventions, seminars, workshops, symposiums or similar out-of-service programs, at the request of the Employer. The amount of pay received by an employee will not exceed the full-time daily hours of work as outlined in Clause 14.2 (Hours of Work). When such leave is granted, the Employer will bear the full cost, including tuition fees, entrance or registration fees, laboratory fees, and course-related books. The Employer will also reimburse the employee for approved travelling, subsistence, and other legitimate, applicable expenses. (b) An employee may be granted leave without pay, with pay, or leave with partial pay, to take work related courses in which the employee wishes to enrol to acquire the skills necessary to enhance opportunities. (c) Approval of requests will be given reasonable consideration and leaves pursuant to this article will be administered in a reasonable manner. (d) Should the employee noted above terminate their employment for any reason during the six month period following completion of the above-noted leave, the employee will reimburse the Employer for all expenses incurred by the Employer (i.e. tuition fees, entrance or registration fees, laboratory fees, and course-required books) on a proportionate basis.

  • Training and Development 3.1 Authorities will develop local 'Workforce Development Plans (see Part 4.8),' closely linked to their service delivery plans, which will provide the focus for the establishment of training and development priorities. Training and development should be designed to meet the corporate and service needs of authorities both current and in the future, taking into account the individual needs of employees. Local schemes on training and development should enable authorities to attain their strategic objectives through development of their employees. Training and development provisions should be shaped to local requirements and take account of the full range of learning methods. Such an approach should enable access to learning for all employees. The needs of part time employees and shift workers need particular consideration. 3.2 Employees attending or undertaking required training are entitled to payment of normal earnings; all prescribed fees and other relevant expenses arising. Employees are also entitled to paid leave for the purpose of sitting for required examinations. When attending training courses outside contracted daily hours, part-time employees should be paid on the same basis as full- time employees. (Assistance for other forms of learning, for example that directed at individual development, will be locally determined). Some training can be very expensive and authorities may require repayment of all or part of the costs incurred should an employee leave the authority before a reasonable time period has expired. The authority's policy in this regard should be made explicit. 3.3 Objectives for training and development programmes should include the following: • To enable Councils to attain their strategic objectives via investment in their employees. • To promote equity of access to learning. • To encourage employees to develop their skills and level of responsibility to the maximum of their individual potential. • To widen and modernise the skills profile of employees to maximise their versatility, employability and so, job security. • To enable employees to raise productivity, quality and customer service in pursuit of sustainable improvement 3.4 Authorities should establish local partnership arrangements, to include recognised trade unions, to develop their local workforce development plans. 3.5 The NJC endorses partnership provision such as the "Return to Learn" scheme. Authorities and the recognised trade unions shall encourage and support employees taking on the statutory Union Learning Representative (ULR) role. This will include agreeing facilities and paid release in accordance with statutory provisions. ULRs should be enabled to play a full part in promoting and implementing local training and development programmes.