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Jamaica's Evolving Relationship with the IMF - There and Back Again (Hardcover, 1st ed. 2021)
Loot Price: R3,458
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Jamaica's Evolving Relationship with the IMF - There and Back Again (Hardcover, 1st ed. 2021)
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This book explores Jamaica's contemporary relationship with the
International Monetary Fund since 2010. It looks at Jamaica's high
debt and its inability to access financial support amidst
international capital market restrictions, contextualizing harsh
socio-economic realities. This book discusses Jamaica's second
return to the IMF and the resulting network of actors, governance
and political and socio-economic efforts to re-engender a
relationship with a "new' IMF. Credibility was restored,
demonstrated by and leading to the successful implementation of the
2013 Extended Fund Facility and subsequent exit to a Precautionary
Stand-By Arrangement in 2016. Clarke and Nelson signal from their
analyses lessons learned, discussing the economic prognosis for
Jamaica as well as their relationship with the IMF under the shadow
of the COVID pandemic.
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