Date Published:
Jul 2011
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This brief highlights the most pressing tax reform measures that would benefit the Jamaican economy. » Read more |
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CaPRI estimates 5% savings from JDXThe CaPRI researchers note that Jamaica's high and unsustainable indebtedness is primarily due to liabilities contracted outside of central government, and that real interest payments have accounted for a minor three per cent of GDP since 1996. |
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The Jamaican economy has suffered for the past decade from a crushing debt burden which arose largely between 1996 and 2003 when the debt peaked at 123 percent of GDP (See Figure). Since then, the relative level... » Read more |