Jamaica and Elusive GDP growth
October 29th, 2019
The Editorial on September 12, 2019 – ‘Economic Growth Council and GDP trends’ highlights a disturbing paradox in our economy. How can we be spending so much on infrastructure but seeing any improvement in economic growth. Your question comes from the expectation, described in Keynesian economic theory, that government spending on infrastructure is the fastest [...]
Read More...The scrap metal trade returns
December 24th, 2012
It was recently announced by Anthony Hylton, the Minister of Industry, Investment and Commerce, that the scrap metal trade will resume in January of next year. I think most us have not forgotten why this trade was banned in the first place, but to remind those of us who do not remember, the ban was [...]
Read More...The JDIP and you
July 17th, 2011
The Jamaica Development Infrastructure Programme (JDIP) is a US$400 million programme which has been established to restore roadways, bridges and other infrastructure across the island. A large amount of the money for the programme has been borrowed from the Export Import (EXIM) Bank of China and is to be repaid overtime. Although most Jamaicans believe [...]
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