Author Affiliation, Ana.
Department of Economics
Prospects for Jamaica's economic development in the era of the FTAA
Karagiannis, Nikolaos; Witter, Michael
The Caribbean economies in an era of free trade
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Examines post-independence economic development in Jamaica and argues that Jamaica and the rest of the Caribbean are even more dependent than when they were granted constitutional independence. Concludes that while in theory there are many opportunities open to Jamaica and the Caribbean in the FTTA and the evolving international economy, until Jamaica fashions an appropriate social compass to guide, facilitate and direct focused productive activity by the society as a whole, economic conditons will continue to deteriorate. This will be the case until the value of Jamaica's human and natural resources is reduced sufficiently to attract a new wave of foreign investment into export production of goods and services.....