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Public debt and productivity : the difficult quest for growth in Jamaica /

The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects pro...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Blavy, Rodolphe (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington D.C.] : International Monetary Fund., ©2006.
Colección:IMF working paper ; WP/06/235.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Blavy, Rodolphe,  |e author. 
245 1 0 |a Public debt and productivity :  |b the difficult quest for growth in Jamaica /  |c prepared by Rodolphe Blavy. 
246 3 0 |a Difficult quest for growth in Jamaica 
260 |a [Washington D.C.] :  |b International Monetary Fund.,  |c ©2006. 
300 |a 1 online resource (25 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/06/235 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study finds that high public debt has been associated with macroeconomic uncertainty and an output structure that relied excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded out by debt service, further adversely affecting productivity growth. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
538 |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
583 1 |a digitized  |c 2010  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
505 0 |a Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT STORY -- IV. LOW PRODUCTIVITY: DOES THE LEVEL OF DEBT MATTER? -- V. HIGH DEBT AND DECLINING PRODUCTIVITY: THE CASE OF JAMAICA -- VI. TAKING STOCK: SUMMARY AND CONCLUSIONS -- REFERENCES 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Debts, Public  |z Jamaica. 
650 0 |a Industrial productivity  |z Jamaica. 
650 0 |a Public investments  |z Jamaica. 
651 0 |a Jamaica  |x Economic conditions. 
650 6 |a Dettes publiques  |z Jamaïque. 
650 6 |a Productivité  |z Jamaïque. 
650 6 |a Investissements publics  |z Jamaïque. 
651 6 |a Jamaïque  |x Conditions économiques. 
650 7 |a Debts, Public  |2 fast 
650 7 |a Economic history  |2 fast 
650 7 |a Industrial productivity  |2 fast 
650 7 |a Public investments  |2 fast 
651 7 |a Jamaica  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJgMFVHwFVBfgHmXtgptrq 
710 2 |a International Monetary Fund.  |b Western Hemisphere Department. 
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776 0 8 |i Print version:  |a Blavy, Rodolphe.  |t Public debt and productivity.  |d [Washington D.C.] : International Monetary Fund, Western Hemisphere Dept., ©2006  |w (OCoLC)105366503 
830 0 |a IMF working paper ;  |v WP/06/235. 
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