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...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Blavy, Rodolphe (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:Inglés
Published: [Washington D.C.] : International Monetary Fund., ©2006.
Series:IMF working paper ; WP/06/235.
Subjects:
Debts, Public > Jamaica.
Industrial productivity > Jamaica.
Public investments > Jamaica.
Dettes publiques > Jamaïque.
Productivité > Jamaïque.
Investissements publics > Jamaïque.
Debts, Public
Economic history
Industrial productivity
Public investments
Jamaica > Economic conditions.
Jamaïque > Conditions économiques.
Jamaica
Online Access:Texto completo
Table of Contents:
  • 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

Similar Items