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The Economy

September, 2009
Thematic Area: 

As we approach the end of 2009, in the aftermath of the global financial crisis, the global economy appears to be stabilizing. This brief weighs the options for the country’s next steps: reduction of public deficit or pursuit of a fiscal stimulus strategy.

 

April, 2009
Thematic Area: 

Whenever the value of the Jamaican dollar depreciates there is public debate as to whether the country should change its currency regime to some form of fixed rate or dollarization. This study examines the exchange rate options for Jamaica.

December, 2008
Thematic Area: 

Recent work emphasizes the primacy of differences in countries’ colonially-bequeathed property rights and legal systems for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter example to this long-run view of income determination

 

December, 2008
Thematic Area: 

Social partnerships have emerged as a means for countries to cope with harsh economic circumstances. In this paper, we survey the experiences of other countries and conduct one-on-one consultations with Jamaican stakeholders to ascertain the prospects for successful social partnerships.

September, 2008
Thematic Area: 

The services sector may serve as an important source of economic growth for the Caribbean, but only if the region moves beyond tourism to take advantage of emerging opportunities in other service areas.

March, 2008
Thematic Area: 

Jamaica is one of the most indebted countries in the world. This paper explores the reasons for the indebtedness and analyses the impact of three policy initiatives on the future evolution of debt to provide fiscal policy guidelines.

January, 2008
Thematic Area: 

Tens of thousands of Jamaicans are likely to have invested in informal investment schemes (IIS). The extent to which Jamaicans are likely to invest in IIS and the impact of these schemes on the economy is the focus of investigation in this study.

June, 2007
Thematic Area: 

This paper examines Jamaica’s foreign policy since 1962 identifying past challenges in, and future opportunities for, harnessing the economic growth potential of these policies.

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