Public discussion surrounding the depreciating dollar have been one sided, looking only at the negatives associated with the decline. With the exception of Dr. Damian King (Senior Economist, UWI), I'm yet to see a different perspective on the implications. Dr King views in summary: Some Jamaicans (companies, individuals etc.) will lose from the depreciation in the…
This discussion presents five ideas which will allow Jamaica to secure an IMF deal in the short-term, reduce Jamaica’s energy cost almost immediately and double Jamaica’s GDP in the next 10 years. 1. Sustainable Community and Skills Development Centre (SCSDC) Description: An actual SCSDC is a combination of a renewable energy (traditional) community center on steroids;…
The Equation: The following outline what I believe to be the most likely economic outcome if an agreement is not reached (soon), between Jamaica and the International Monetary Fund (IMF): Further exchange rate depreciation If the Government of Jamaica is unable to secure a deal - in short order - continued domestic concerns, weakening markets…
With recent developments surrounding West Indies Cricket, and calls for Jamaica to have its own international team, we have decided to revisit the Caribbean Integration project. Consider this a walk down memory lane, and a nostalgic look at what has been the main impediment to regional integration over the decades. Establishing the Caribbean Court of…
Balcostics 