Jamaica: Selected Issues

June 30, 2008

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Format: Chicago

Jamaica: Selected Issues, (USA: International Monetary Fund, 2008) accessed December 22, 2024

Summary

Economic outcomes in Jamaica have fallen short of the authorities’ objectives in recent years. As the government looks to reinvigorate its growth and debt reduction strategy, it is instructive to examine how exogenous shocks and other unanticipated developments can affect economic outcomes. First, it examines the impact on Jamaica’s economy of external economic slowdowns and credit crunches. Second, it develops a framework to assess the probabilities of successfully reducing debt below pre-specified thresholds. Furthermore, the relationships that existed in the past may not hold in the future.

Subject: Balance of payments, Capital inflows, Current account, Exchange rates, Fiscal policy, Fiscal stance, Foreign exchange, Real exchange rates

Keywords: Accumulation identity, Capital inflows, Caribbean, CR, Current account, Debt dynamics, Debt outcome, Exchange rates, Fan chart, Fiscal stance, GDP growth, Global, ISCR, Jamaica, Jamaica's balance of payments, Real exchange rates, Variable

Publication Details

Pages:

44
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/198
Stock No:

1JAMEA2008001
ISBN:

9781451820218
ISSN:

1934-7685

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