Date Published:
Mar 2008
Document Type:
R
Primary Image:
Research Document:
Jamaica is the fourth most indebted country in the world, measured either by debt/GDP ratio or debt per capita. This debt load arose largely over a period of seven years between 1996 and 2003 when the public debt rose by 71 percentage points of GDP – doubling the amount of debt. That growth was a reflection of changing circumstances at home and conditions abroad.
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