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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
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...
Persistent link: https://www.econbiz.de/10011244932
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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
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
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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
Tests results for causality between energy consumption and economic growth do not have a consensus in the financial economics literature. Empirical evidence varies on the economies examined and methodology employed. This paper proposes a wavelet analysis as a semi- parametric model for detecting...
Persistent link: https://www.econbiz.de/10005837189
This study runs a cointegration analysis on annual data from 1980 to 2007 to investigate the relationship between primary energy consumption, economic growth and net inflows of foreign direct investment with the Engle and Granger method, Stock-Watson dynamic ordinary least squares (DOLS), the...
Persistent link: https://www.econbiz.de/10009416887