This case describes the economic development issues confronted by the small Caribbean-island country of Jamaica over the majority of the previous half-century. Over the 1980s and 1990s, the Fund was made a lightning rod for criticism by the unpopular policy conditions associated with IMF loan programs over Jamaica's lack of financial progress.
Jamaica’s Anemic Growth The IMF, China and the Debt(th) Trap Case Study Solution
Jamaicans celebrated the end of IMF borrowing in the mid-1990s, however a severe financial crisis later that decade created a brand new layer of economic problems. In 2010, in the context of the international economic decline, Jamaica returned to the IMF for funding support. This case allows pupils to explore the complicated economic issues confronted by Jamaica, which remains burdened by a self-augmenting set of interrelated factors, including high public debt, a poor private sector, an ineffective public sector, poverty, and crime, among others.
PUBLICATION DATE: April 15, 2011 PRODUCT #: 711031-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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