SOAN 2040 Lecture Notes - Lecture 17: Structural Adjustment, Gross Domestic Product, Life And Debt
3 Oct 2016
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Document Summary
Pay attention to the history of the world bank and the imf. Lome, lost trade agreement in local and couldn"t compete. Take note of the mechanism of debt in relation to jamaica"s ability to thrive as an independent nation. when came free from great britain had economic problems because didn"t have a strong enough economic structure on their own. Prices increases and they needed to find sums of money they could never dream of just to make ends meets couldn"t finance what it needs debt is rising. Powder became a normal form of dairy and couldn"t sell fresh milk, had to let it out in the drain big markets in america is where majority of countries import their products from and jamaica can"t compete. What is the role of tourism in jamaica? contrast disposable income something staged in tourism, what you see is different from what most people from.
