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The Governance Public Debt Nexus A Case Study Of Jamaica With Barbados And Singapore As Comparators(1st Edition)
Authors:
Dr. Collette June-Ann Smith Phd ,Prof Anthony Clayton Phd
Cover Type:Hardcover
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ISBN: 979-8481840352
Book publisher: Independently published
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Book Summary: The Governance Public Debt Nexus – A Case Study of Jamaica with Barbados and Singapore as ComparatorsDuring the late 1950s to early 1960s, the island of Jamaica was poised to be a catalyst for rapid development, growth, and economic success. This country was so far ahead of its counterparts that Lee Kuan Yew of Singapore chose this as one of the countries he needed to visit, as he prepared to take Singapore from From Third World to First.His observation, as mentioned in this publication, spoke volumes to the country's current situation, and was perhaps even prescient, as Jamaica would later become one of the most highly indebted countries in the world! What could have caused this?There is a question that has consumed the minds of development scholars, researchers, technocrats of international financial and other institutions for decades: 'Why do some countries succeed, while others fail? In Jamaica's case, it has been the quality of governance and the extent to which citizen-voters have failed to hold politicians truly accountable for their actions - actions that have robbed the present and future generations of a decent quality of life that the country's early development trajectory had promised.This account of governance, public debt management, & political leadership in Jamaica from Independence (1962) to the present has been written in a no-holds-barred, unapologetic, fact-focused manner, for posterity (all future generations of people). This required a level of honesty & frankness that readers will appreciate, though it may make some people who have benefited from poor governance uncomfortable.Nevertheless, the truth had to be told. It is highly likely that this book may be the catalyst for the truth and reconciliation that has long evaded the halls of Parliament.Individuals will find this book so gripping, that they may not want to pause once they have started reading it.Leaders of emerging market countries, and even first world countries will glean lessons from this book, and the mini case studies of countries in Asia, the EU, Latin America, and the Caribbean that are included in this volume.Members of staff at the Inter-American Development Bank, International Monetary Fund, The World Bank (IBRD, IDA), embassies, consulates & other members of the diplomatic community, will also find it to be a very useful and insightful tool to guide policy decisions, and prepare their staff members for assignments to Jamaica (and other emerging market countries), and prepare for dialogue between bilateral and multilateral partners.Every Jamaican household and citizen, college and university student, expatriate living or working in Jamaica, Singaporean, Barbadian, university, college, university and high school department of Government, Political Science, History, Governance, Economic Development and Sociology, and individuals with an interest in Finance, Macroeconomics, Human Capital and Sustainable Development should get a copy of this book.#Politics #History #Economics #Development #SocialPolicy #FiscalPolicy #Leadership #Sustainability #PoliticalScience #election #voting #Westminster #Whitehall
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