2.2.1 Building Economic Resilience - Stabilisation and Sustainable Economic Growth and Development 2.2.1.1 Introduction Current analyses predict that difficult economic times may persist for several Member States over the planning period to 2019. Because of this and the Region’s other vulnerabilities, Building Economic Resilience will be primary among the six Strategic Priorities, enabled by all others. This Priority will focus on creating an enabling environment for stabilization and transitioning to growth of the economies of Member States viz,  Accelerating implementation and use of the CARICOM Single Market and Economy;  Integration into the Global Economy;  Introducing Measures Macroeconomic Stabilisation;  Building Competitiveness and Unleashing Key Economic Drivers to Transition to Growth.  CSME  Integrate into the Global Economy  Macroeconomic Stabilization  Build Competiveness and unleash Drivers for Growth for 2.2.1.2 Goal  To engender sustainable growth of the economies of Member States 2.2.1.3 Strategies 1. ECN 1- Accelerate Implementation and Use of the CARICOM Single Market and Economy – The fundamental rational for implementing the CSME, is to achieve sustained economic development based on international competitiveness and coordinated economic policies and enhanced trade and economic relations with Third States. The CSME is intended to inter alia, provide larger market opportunities; take advantage of greater economies of scale; stimulate increased competitiveness; and increase opportunities for investment. This strategy will address: 14 | P a g e

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