IMF Staff Country Reports

Jamaica: Selected Issues

Publication Date:

June 30, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 2008/198

Subject:

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

Frequency:

Annually