UNDP Bahrain’s Country Programme Document (CPD) 2012-2016, developed in consultation with national stakeholders, outlines a cooperative effort towards the formulation of sound economic policies and structures that can support efforts in inclusive sustainable development. UNDP works with the Government, the Economic Development Board, Chamber of Commerce and Industry, the Ministry of Industry and Commerce, public institutions and the private sector to contribute to the formulation of economic policies, knowledge systems and frameworks. Several key areas of work have been identified for joint cooperation.
Working on strengthening the capacity of the Government in World Trade Organization (WTO) negotiations will mean that Bahrain can participate more fully in the global trading system. Successful trade agreements improve living standards and further economic growth. Specifically, UNDP provides technical support in the areas of Intellectual Property Development, Standards and Notifications and Foreign Trade Policy.
Engaging the private sector in development leads to contributions in terms of both services and funding but also the potential for better access to innovative services and goods. UNDP will continue to raise awareness on the value of a public private partnership in economic growth and will coordinate and facilitate these efforts. UNDP is in a unique position to create linkages between businesses, the public sector, the United Nations, and global networks such as the Global Compact, so that business processes can produce an overall positive impact on society.
Through the UNDP Project, Gender and Economic Policy Management Initiative (GEPMI), the capacity to measure and monitor progress towards economic development goals by gender will be enhanced. An academic programme is to be launched at the University of Bahrain for economists and policymakers on gender responsive economic policy management. Examining the impacts of spending, and whether it responds to the needs of men and women, will lead to a more effective use of resources to achieve human development. This project will foster south-south cooperation with other similar programmes in Africa and Asia.