POG 100 Chapter Notes -Powdered Milk

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POG 100
• Professor: Joerg Wittenbrinck

Document Summary

International monetary fund is the fault of why everything is so cheap and currency value is low in jamaica. Once ruled by a queen, jamaica wanted to distance themselves from the rule of other countries and form its own nation-state but instead had modern fast food firms built on their land thus deteriorating their culture. Once they were free from britain, they went into financial debt because their economies weren t built and ready to rule over a country alone so they went to the imf to loan money. Jamaica depends on food imports from america because it is cheaper for them to buy food instead of grow it themselves and the imported foods are cheaper to buy than locally grown food. Globalization has decreased cultural independence from america in jamaica because the imf has completely eliminated farming and locally grown food that could potentially lead them out of debt and become more independent.