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Jamaica covering the period 1980-2012. The empirical results suggest there is bi-directional causality between financial … development and economic growth in Jamaica. This empirical result is consistent with the McKinnon-Shaw hypothesis in the long run …. The result further supports the hypothesis that finance is a leading sector in the growth process in Jamaica and implies …
Persistent link: https://www.econbiz.de/10010991485
Discussions centered on the preparations for the 2015/16 budget, and reforms to strengthen the financial sector and boost growth. The authorities have deepened their efforts in supporting their ambitious fiscal goals by strengthening public financial management and revenue administration, and...
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is shown that this theoretical framework can explain growth disparities between Jamaica and Barbados since the 1960s. In …
Persistent link: https://www.econbiz.de/10011108758
SOEs’ impact on island countries outside the Pacific. It evaluates SOEs in Cabo Verde, Fiji, Jamaica, the Marshall Islands …
Persistent link: https://www.econbiz.de/10011165198
This paper presents Jamaica’s Third Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria report. The IMF staff report highlights that recent data is in-line with GDP growth of some 1 percent in 2013–2014....
Persistent link: https://www.econbiz.de/10011242823
According to the US EIA (<CitationRef CitationID="CR16">2009</CitationRef>, <ExternalRef> <RefSource>www.eia.doe.gov</RefSource> <RefTarget Address="http://www.eia.doe.gov" TargetType="URL"/> </ExternalRef>), out of the 15 largest oil producing nations in the world, 7 are not OPEC members, namely Brazil, Canada, China, Mexico, Norway, the Russian Federation, and the United States of America (USA). This paper investigates the causal relationship...</refsource></externalref></citationref>
Persistent link: https://www.econbiz.de/10010992990
The purpose of this article is to investigate the causality relationship between renewable energy consumption and economic growth on long run and short run in the West of Europe countries in the period 1995-2010. Pedroni (2000) test reveals that there is a long run relationship between our...
Persistent link: https://www.econbiz.de/10010857800