The Jamaican Economy In The 1980s


Book Description

This book analyzes the main causes of deterioration in the Jamaican economy since 1972 and assesses the prospects for returning to a period of stable growth under an International Monetary Fund Stabilization program. Considering both the role of international economic conditions and domestic policies on Jamaica's economic decline, Dr. Looney compares the viability of the socialist model of development, implemented between 1972 and 1980, with that of the U.S.-sponsored supply side model. He raises important questions about the ability of small open economies to sustain acceptable rates of growth in the existing world economic environment, the effectiveness of IMF Stabilization programs on these economies, the possible impact of supply side development strategies, and the significance of Caribbean Basin Initiative policies for growth and stability in the area.







The Road to Sustained Growth in Jamaica


Book Description

Despite having a number of potential attributes (such as being English-speaking, having poverty levels below that of comparable countries and a reasonably well-educated labour force), Jamaicas economic history is marked by the paradoxes of low growth in GDP and high employment despite high investment and important achievements in poverty reduction. This publication seeks to examines these issues, and topics discussed include: poverty reduction and income inequality; whether Jamaicas GDP growth has been underestimated; policy options for reducing the fiscal and debt burden, revitalising the financial system; improving education outcomes, tackling the economic costs of crime, and improving international competitiveness.




The Jamaican Economy In The 1980s


Book Description

This book analyzes the main causes of deterioration in the Jamaican economy since 1972 and assesses the prospects for returning to a period of stable growth under an International Monetary Fund Stabilization program. Considering both the role of international economic conditions and domestic policies on Jamaica's economic decline, Dr. Looney compares the viability of the socialist model of development, implemented between 1972 and 1980, with that of the U.S.-sponsored supply side model. He raises important questions about the ability of small open economies to sustain acceptable rates of growth in the existing world economic environment, the effectiveness of IMF Stabilization programs on these economies, the possible impact of supply side development strategies, and the significance of Caribbean Basin Initiative policies for growth and stability in the area.




Jamaica


Book Description







Cocaine and Heroin Trafficking in the Caribbean


Book Description

Volume 1 outlines the nature and structures of illicit drug trafficking in the Caribbean. It discusses the escalating levels of social violence, crime and grinding poverty all linked to the illicit drug trade.







Drugged Out


Book Description

To penetrate the United States and Britain's markets with illicit drugs, Jamaican traffickers employed diverse and novel transportation methods and techniques in the post-1990 era that were more sophisticated than the trafficking of the 1980's. This transformation was particularly due to traffickers exploiting global processes to enhance their illegal drug industry. In response, Jamaica, America, and Britain have continuously established state-oriented actions aimed at curtailing the cross-border drug trade, thereby reflecting their resilience in combating this problem. This book explores past and present drug trafficking within the context of globalisation and examines state instituted responses to curb this problem. It demystifies the Jamaican, British, and American states' roles in the face of global security threats, such as drug trafficking, arguing that both developed and developing states pursue their national interests and maximize their goals through the exercise of state-power in controlling their territories and protecting their nationals from harm posed by traffickers.