Jamaica
The economic impacts of tourism-related private investment in Jamaica
This study assesses the economy-wide impacts of private investment in the hotel industry in Jamaica. Specifically the paper develops a tourism-extended social accounting matrix (SAM) and a dynamic computable general equilibrium (CGE) model tailored to the Jamaican economy. To analyse impacts in terms of poverty and inequality the CGE model results are linked with a microsimulation model. The results demonstrate that private tourism investments leading to an expansion of foreign demand for tourism can have positive impacts on national economies in terms of gross domestic product (GDP) employment household incomes and poverty reduction. However the distribution of benefits is dependent on socioeconomic factors such as the distribution of factor endowments among households. At the sectoral level sectors catering more directly to tourism experience the highest rates of growth while more export-oriented sectors do not fare as well given the upward pressure on prices and the real exchange rate resulting from higher tourism spending.
Las repercusiones económicas de la inversión privada en el sector del turismo en Jamaica
En este estudio se analizan las repercusiones económicas generales de la inversión privada en la industria hotelera de Jamaica. En particular en este trabajo se desarrolla una matriz de contabilidad social (MCS) extendida al turismo y un modelo dinámico de equilibrio general computable (EGC) adaptado a la economía de Jamaica. Para analizar los efectos en materia de pobreza y desigualdad los resultados del modelo EGC se vinculan con un modelo de microsimulación. Los resultados demuestran que cuando las inversiones privadas en el sector turístico propician el fortalecimiento de la demanda extranjera de turismo las economías nacionales pueden obtener beneficios en lo referido al producto interno bruto (PIB) el empleo los ingresos de los hogares y la reducción de la pobreza. Sin embargo la distribución de los beneficios depende de factores socioeconómicos tales como la distribución de las dotaciones factoriales entre los hogares. En el plano sectorial en los sectores abocados más directamente al turismo se observan las mayores tasas de crecimiento mientras que en aquellos más orientados a las exportaciones los resultados son más modestos debido a que el aumento del gasto turístico presiona al alza los precios y el tipo de cambio real.
No. 51711. United States of America and Jamaica
Exchange of notes constituting an Agreement between the United States of America and Jamaica regarding the Cooperating Nation Information Exchange System. Kingston 26 August 2005 and 23 September 2005
No. 50938. United States of America and Jamaica
AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF JAMAICA CONCERNING COOPERATION IN SUPPRESSING ILLICIT MARITIME DRUG TRAFFICKING. KINGSTOWN 6 MAY 1997 [United Nations Treaty Series vol. 2927 I-50938.]
No. 51118. United States of America and Jamaica
Agreement between the Government of the United States of America and the Government of Jamaica Regarding the Sharing of Forfeited Assets or the Proceeds of Disposition of Such Assets (with exchange of letters). Kingston 22 August 2001
No. 51482. United States of America and Jamaica
Agreement between the Government of the United States of America and the Government of Jamaica regarding a debt-for-nature swap to prepay and cancel certain debt owed by the Government of Jamaica to the Government of the United States of America (with schedules). Kingston 21 September 2004
No. 50938. United States of America and Jamaica
Agreement between the Government of the United States of America and the Government of Jamaica concerning cooperation in suppressing illicit maritime drug trafficking (with protocol). Kingstown 6 May 1997
No. 50852. Brazil and Jamaica
Visa Exemption Agreement between the Government of the Federative Republic of Brazil and the Government of Jamaica for Holders of Diplomatic and Official Passports. Kingston 9 August 2007