Jamaica
- Autor: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2009-2010 , pp 230-235
- Fecha de la publicación: julio 2010
- DOI: https://doi.org/10.18356/c802ea8e-en
- Language: Inglés
The Jamaican economy deteriorated in 2009, forcing the government to enter a 27-month International Monetary Fund (IMF) stand-by arrangement which will provide US$ 1.2 billion over the period. The agreement, which was signed in February 2010, was designed to restore confidence in the Jamaican economy. While the proximate cause of the economic problems was the global recession and its impact on export demand, deeper issues lay in the cumulative effects of an expanding public debt, relatively large current account and fiscal deficits, and falling investor confidence.
© United Nations
ISBN (PDF):
9789210545808
Book DOI:
https://doi.org/10.18356/e4980ff6-en
Temas relacionados(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Jamaica
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