Developing Sustainable Balance of Payments in Small Countries

Viac o knihe

The analysis delves into Jamaica's struggle to meet foreign currency obligations amidst ongoing support from international lending agencies, highlighting its status as one of the world's most indebted nations. Despite numerous agreements with the IMF, Jamaica faces challenges such as a depreciating currency and low GDP growth. The book serves as a case study for similar developing countries, concluding with policy recommendations aimed at achieving economic solvency and sustainable debt repayment, while addressing local economic goals within the constraints of global geopolitics.