IMF Agreement Could Worsen Debt Burden, Harm Health and Education
Published by the Center for Economic and Policy Research in Washington, D.C., this paper finds that Jamaica’s economic and social progress has suffered considerably from the burden of an unsustainable debt; and that even after the debt restructuring of 2010, this burden remains unsustainable and very damaging. Pro-cyclical macroeconomic policies, implemented under the auspices of the IMF, have also damaged Jamaica’s recent and current economic prospects…
