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Jamaica's evolving relationship with the IMF : there and back again / Christine Clarke, Carol Nelson.

9783030592042 (electronic bk.)
3030592049 (electronic bk.)
9783030592035
3030592030

Basingstoke : Palgrave Macmillan, 2021.

English

1 online resource (1 volume) : illustrations (colour)

10.1007/978-3-030-59204-2 doi

F1881

337.72921

This book explores the IMF: Jamaica, relationship since 2010, examining Jamaicas high debt and inability to access financial support amidst international capital market restrictions, contextualizing harsh socio-economic realities. With Jamaicas second return to the IMF, actor networks of governance amidst political and socio-economic efforts to re-engender a relationship are foregrounded, with a new IMF. Credibility is demonstrated and restored, furthering the success of the 2013 Extended Fund Facility and exit to a Precautionary Stand-By Arrangement in 2016. Clarke and Nelson reveal lessons learned, discussing Jamaicas economic prognosis and the IMF relationship under the shadow of the COVID pandemic. Christine Clarke is Lecturer in Public Policy, Development Economics, and Finance and Development at the University of the West Indies, Mona, Jamaica. She serves on the Board of the Bank of Jamaica, Jamaicas central bank, and has worked at the Planning Institute of Jamaica in various capacities, from Economic Advisor to the Director-General to the Director of Economic Planning and Research. She earned her PhD in Public Finance from Rice University, USA. Carol Nelson is Lecturer in the Department of Government at the University of the West Indies, Mona, Jamaica. Her first book, Social Partnership and Governance Under Crises captures the development of network relations in furthering governance of the public sector under crisis conditions in the Jamaican context. She holds an MSc in International Policy Analysis from Bath University, a PhD in Government as well as a Professional Certificate in Strategic Climate Change Adaptation.

Includes index.

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