Jamaica’s Evolving Relationship with the IMF
Christine Clarke, Carol Nelson
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Springer International Publishing
Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft
Beschreibung
This book explores Jamaica’s contemporary relationship with the International Monetary Fund since 2010. It looks at Jamaica’s high debt and its inability to access financial support amidst international capital market restrictions, contextualizing harsh socio-economic realities. This book discusses Jamaica’s second return to the IMF and the resulting network of actors, governance and political and socio-economic efforts to re-engender a relationship with a “new’ IMF. Credibility was restored, demonstrated by and leading to the successful implementation of the 2013 Extended Fund Facility and subsequent exit to a Precautionary Stand-By Arrangement in 2016. Clarke and Nelson signal from their analyses lessons learned, discussing the economic prognosis for Jamaica as well as their relationship with the IMF under the shadow of the COVID pandemic.
Kundenbewertungen
macroeconomics and sustainability, macroeconomic policies, sustainable development, project implementation, Caribbean economics, international development policy, development finance, debt management, multilateral programming, International Monetary Fund, Jamaican economic policy