Jamaica's Premier Financial Factsheet: To Enlighten, Enrich, and Engage.
Good governance is essential for economic recovery
SINCE 2008, the global economy has been going through a tumultuous time. However, the challenges faced, the global economy will one day recover. We will all forget the 2008 recession, and relegate it to the history books, only to be taught in economics and finance classes.
THE world is used to trailing behind Jamaican sprinters. The small island has won a string of world records, and may claim more at the 2012 Olympics. Its economy, however, is not so speedy: on current forecasts it will finish the year with the slowest average growth rate since 2000 in the Americas—behind even earthquake-stricken Haiti.
Jamaica Observer: “IMF cannot escape its responsibility”
While Jamaica waits on the current review of our economic performance by the International Monetary Fund (IMF), it is useful to look at certain myths skilfully propagated by the Fund that the targets and quantitative performance criteria are designed by the borrowing government.
Jamaica Gleaner: “Supersising BOJ’s power base”
The government has agreed to reforms that will give the Bank of Jamaica (BOJ) oversight for the stability of the entire financial sector, a move that will transform the central bank into super regulator of the system.
Jamaica Gleaner: “Less talk, more policy action needed for Ja to grow – panel”
A panel of academics and heads of private-sector organisations said Wed-nesday the Jamaican government must now shift to actual implementation of policies and move away from mere talk for the economy to grow.
Jamaica Observer: “Developing Successful Jamaican Businesses”
Many of the financial books that I have read indicate that establishing a business can be a means of increasing your personal wealth. Whereas being frugal and saving consistently may eventually produce a significant nest egg over time, if you wish to fast-track your money growth, then business ownership might be your best route.