Jamaica
- Auteur: Commission économique pour l'Amérique latine et les Caraibes
- Main Title: Economic Survey of Latin America and the Caribbean 2009-2010 , pp 230-235
- Date de Publication : juillet 2010
- DOI: https://doi.org/10.18356/c802ea8e-en
- Language: Anglais
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
Related Subject(s):
Développement économique et social
Sustainable Development Goals:
Countries:
Jamaïque
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