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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. |
budget debate
CaPRI estimates 5% savings from JDX
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Bruce's Budget Battle
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Bruce's Budget BattleAchieving Fiscal Responsibility in Jamaica: the JDX and Beyond by the Caribbean Policy Research Institute (CaPRI). This important research paper, whose principal researcher was the University of the West Indies senior economics lecturer, Dr Damien King, draws heavily on cross-county studies. |
High-risk governance
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High-risk governanceThe Caribbean Policy Research Institute (CAPRI) has come out in praise of the JDX and advises that Government "must pursue disciplined management of liabilities", "aggressively rationalise the public sector" and embark on "comprehensive fundamental tax reforms". |
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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 |
CaPRI Responds to Minister Shaw's Budget Presentation
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CaPRI Responds to Minister Shaw's Budget PresentationIn response to the presentation of the 2010/11 Budget tabled by Minister of Finance and Planning, the Hon. Audley Shaw on April 8, 2010, Caribbean Policy Research Institute (CaPRI) would like to comment on a few key points.
Our research suggests that the administration's aggressive privatization strategy is an appropriate and vital first step in addressing the country’s debt problem. Soon to b... |