PIOJ Growth-Inducement Strategy - Planning Institute of Jamaica

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Although six critical factors were identified in explaining the Region’s weak performance (Barbero, 2010), we shall only consider three here, namely; 1. the condition of the road network 2. performance of road freight transportation and 3. performance of SMEs in supply chain management and logistics. The other critical factors - ports, railroad and trade facilitation, and border controls – are not considered as critical to the thesis that this paper wishes to examine. The impact of logistics cost on competitiveness, productivity, trade, integration, food prices, inequality, and poverty is significant. 4.0 The Condition of Jamaica’s Road Network While Jamaica boasts a uniquely extensive road network, under-investment in their maintenance and rehabilitation has rendered them inadequate to withstand natural disasters and support the significant increase in business, traffic growth and modern responsive logistics operations. Improvements in road networks have a direct influence on freight logistics and other mobility costs. But even when investments are made – they are subject to damage from tropical storms, sub-optimal designs, or lack of maintenance that increase travel times, reduce riding comfort, and increase stress to drivers. The North Coast highway has made a phenomenal transformation to many communities on the North Coast – such as increased investments, new urban developments, etc. However logistics is still sub-optimal in certain sections due to extended travel times resulting from its alignment through built-up areas and towns, with pre-cautionary speed limits. The two major connectors between Kingston and the North Coast Highway, namely “Flat Bridge/Bog Walk” and “Junction” Road involve long travel times which demand high driver attention resulting in elevated stress levels. 4.1 Performance of Road Freight Transportation The second factor is road freight transport that includes both movement and storage of goods. The efficiency of a country’s trucking sector plays a role in its overall logistic cost structure. Jamaica’s logistics profile shows high cost per tonne of moving goods between the key producing and consumption centres. e.g. Kingston, Montego Bay, and Mandeville (agro producing areas of St Mary, etc). This can be compared with international comparators and regional competitors like Suriname, Barbados, Bahamas, Cost Rica, and Dominican Republic. In addition, issues exist with respect to mechanical condition and overloading of freight trucks and the consequent damage to the road pavement and reduced road safety 135
conditions. These combined with a poor road network and mountainous topography could be responsible for the higher relative transport costs. Figure 9.3. Internal Logistical Costs Comparison in Select Countries Source: Ebanks (2011) The cost of transporting freight in Jamaica (JA) exceeds that of countries such as Suriname (SU) and Dominican Republic (DR). Even over shorter distances, Jamaica charges are in excess of regional competitors. This increases the internal distribution costs and the percentage of logistics in final prices for local consumption as well as export. Warehousing and distribution facilities are insufficient and inadequate for optimal product distribution resulting in poor scheduling, poor delivery compliance or high product deterioration. High inventory costs are an important logistics bottleneck for the region as a whole, driving up the cost of delivered products. 136
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i A GROWTH-INDUCEMENT STRATEGY FOR
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To the many ordinary Jamaicans who
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Preface The Jamaican economy has ex
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for making a determined start on th
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the private sector groups, listed b
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Citibank N.A. Jamaica Branch Grace
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need for “additional fiscal space
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Chapter 2 ________________ Summary
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1.0 The Economic Situation Today 1.
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expected to provide an essential an
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Table 2.1. The Policy Framework: A
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programme of social inclusion that
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Strategic Focus Table 2.2. Growth S
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6.0 Short-Term Growth Stimulus 6.1
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decline of 2.0 - 2.2 percentage poi
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Table 2A.2. NWA Projects To be Fast
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Table 2A.5. Community Renewal Proje
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Table 2B.3. Impact of Repairing Far
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Appendix 2C Methodology of the Grow
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Part I _________ Overview 28
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2.0 Vision 2030 Jamaica Before delv
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3.0 May 2010 Security Event and Aft
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the longer than anticipated global
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April July October January April Ju
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Three industries recorded increases
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9.0 Proposals for Growth-Stimulus I
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targeted economic and social infras
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partnering with government to disco
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3.0 Growth Inducement Strategy The
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Growth-Inducement Strategy Alignmen
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50 Part II _________ Situational An
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inadequate provision of public infr
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2.0 Macroeconomic Assessment 2.1 In
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Increased global oil consumption wa
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$4,742.0 million and $688.4 million
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Non -Traditional Domestic Exports E
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negative impact of the Jamaica Debt
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ethanol and paint, whereas lower de
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Analysis of preliminary GCT data re
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The number of ship calls to the isl
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industry was, however, estimated to
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4.0 Projected Performance 4.1 Calen
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increased marketing and extension s
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Electricity & Water For FY 2010/11,
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J$ Million Figure 5.1. Private Sect
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2011/12). These extreme weather eve
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Chapter 6 ________________ Assessme
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Page 103 and 104: FIGURE 7: GROSS NATIONAL SAVINGS RA
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Page 109 and 110: functional relationship between the
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Page 115 and 116: (d) v* = Y*/K* This is a measure of
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Page 121 and 122: Appendix 7A A Methodological Note T
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Page 125 and 126: The DBI focuses more narrowly on qu
Page 127 and 128: to ask, is it possible to predict g
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Page 131 and 132: For further elaboration of the cons
Page 133 and 134: progressive Jamaica-based firms and
Page 135 and 136: Table 8.2. Jamaica: Doing Business,
Page 137 and 138: Table 8.4. Global Competitiveness I
Page 139 and 140: Table 8.5 (continued) Rank Indicato
Page 141 and 142: Rank* Constraint Table 8.7 Business
Page 143 and 144: Chapter 9 ___________________ Inter
Page 145: 3.0 The Burdens of LAC’s Logistic
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Page 151 and 152: 6.0 Logistics are Essential for Tou
Page 153 and 154: 7.0 Fundamental Steps Forward for J
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Page 157 and 158: Current Status: Cabinet by decision
Page 159 and 160: e more than compensated for by the
Page 161 and 162: B ____________________ Eliminating
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Page 165 and 166: 5.0 Expected Outcomes These measure
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Page 171 and 172: Table C.1. Proposed Implementation
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Page 175 and 176: Develop formal and informal links t
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Page 179 and 180: 5.0 Recommendations Based on the ma
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Table G.2 Phased Implementation Pla
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H ____________________ Proposed Wes
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3.0 Transparency Guarantees By desi
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and Coordinating Unit (PCMU) was es
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therefore need to have sanctioned o
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Figure I.1. Functions of National P
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The rationalisation was guided by t
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deliver services in an efficient an
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efurbishing to allow for accommodat
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Part V _______________ Panelists’
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With the benefit of hindsight, some
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ight. Where we as a society fail is
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and exclusion of the majority of th
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the elders, youth, children. What f
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C __________________ Enhancing Nati
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Figure C.1. National resilience is
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