REVITALIZING THE JAMAICAN ECONOMY 


Jamaica today faces major development challenges that include issues of macroeconomic management, the aftermath of an overwhelming financial sector crisis, social sector problems such as high levels of violent crime, and frequent natural disasters. Although the country has confronted these challenges with significant policy and institutional reforms, economic performance has fallen short of expectations in recent decades. Revitalizing the Jamaican Economy: Policies for Sustained Growth aims to improve our understanding of the constraints to social and economic development in Jamaica. It also proposes practical solutions to overcome some of those problems.

The activities leading to publication of this book represent an example of the important nonfinancial engagement between the Inter-American Development Bank (IDB) and its borrowing member countries. That positive interaction is aimed at contributing to the design of appropriate development strategies. Out of the analysis presented here emerges valuable lessons of interest not only in Jamaica, but also for anyone trying to understand the hurdles to achieving sustained development


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