The European Commission expressed its concern that in Malta, “ambitious plans are not always backed up by clear and reliable implementation strategies” ( October 18, 2011).
Why does our government keep failing on mega projects such as Smartcity, the Corporate Village, the White Rocks Sports and Leisure Village and the Life Sciences Park? christian louboutin pumps outlet Are these projects conceived as electioneering gimmicks or as potential strategic contributors to the development of our economy?
If the EU is baffled, so are many of us. It is one thing to outline ambitious plans and another to make sure that they get implemented. There is no harm in dreaming; provided that initiatives are eventually backed by the necessary strategic analysis, feasibility studies and a commitment to action.
Successive Nationalist governments have had a very uneasy relationship with the strategic management of our economy. This is partly due to their almost blind trust in market forces. Perhaps, they found it convenient to use their neo- liberalism as a smokescreen for powerful vested interests.
The EU is a firm believer in strategic planning. christian louboutin sandals outletSince Malta’s membership, our government finds itself obliged to present plans practically on everything.
Unfortunately, the quality of many of these plans leaves much to be desired. They are often rushed, cut- and- paste exercises to meet some deadline with little strategic analysis and direction. Of course, there have been some exceptions.
Malta’s success in growing the financial services and internet gaming industries is proof of what our country can achieve through proper strategic thinking. The island did well to exploit its jurisdiction so as to create the legal and tax frameworks necessary to attract these industries.
Vision 2015 is a sad story. It was ill- conceived from the very beginning and the decision to engage American consultants proved fatal. The initial idea was to chart a vision that will help turn a broad array of local economic activities into centres of excellence.
Angelou Economics tried to inject some sense into the exercise but, unfortunately, they stuck to the wrong basic premises. Strategic planning involves more than wishful thinking and a good public relations campaign. Remember Brand Malta? christian louboutin flats outletVision 2015 seems to be dead but do not be surprised if it is resuscitated into some electoral manifesto.
A strategic plan starts with a sober assessment on the present state of our economy. It is impossible for the government to seriously do this if it remains in a permanent state of denial, blaming everything and everyone else for its own failures.
Global institutions such as the IMF, the World Economic Forum and the credit rating agencies are telling the government that it cannot continue to bury its head in the sand. Even though it would be foolish to accept all that these institutions state as the gospel truth, their findings should not be written off too lightly. ( This, especially, since the reputation of such institutions is that they err in accommodating the powers- that- be rather than the other way round.)
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