PIOJ Growth-Inducement Strategy - Planning Institute of Jamaica

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Acknowledgements In the fall of 2010 the Jamaican economy registered its twelfth consecutive quarter of economic decline and was in need of a targeted programme to induce its recovery and growth. The Planning Institute of Jamaica (PIOJ) was charged with developing this programme within the framework of the twenty-seven-months Stand-By-Agreement (SBA) the Country had entered into with the International Monetary Fund (IMF) in February of that year. The performance of the economy had been generally poor for decades, and it was clear from the outset that any proposed programme would have to be designed with an understanding and sensibility that reached beyond the “wisdom” of conventional thinking and approaches. Accordingly, the paradigm used by the PIOJ for the Growth Inducement Strategy (GIS) for Jamaica presented in this study combines traditional scholarship with public scholarship. Public scholarship is defined in our study as collaborative knowledge-making with, about and for various publics and communities. It was utilised because it grounds traditional academic scholarship in societal issues germane to Jamaica’s current reality, such as justice, equity, democratic inclusiveness and community empowerment, thereby ensuring their influential role in public policy. Together, both forms of scholarship served to achieve a comprehensive and systematic understanding of the constraints to, and the opportunities for, economic growth and development of the Jamaican economy. This study was carried out in the Growth Secretariat of the PIOJ, headed by Mr. Everton MacFarlane, Deputy Director General, and reflects collaboration between the departments of the PIOJ, and consultations with a large number of persons in other Ministries, Departments and Agencies (MDA) of the Government of Jamaica, and colleagues representing community, private sector and civil society groups. The project was led by the Director General, Dr. Gladstone Hutchinson, and the lead consultant for the project was economic growth expert Dr. Donald J. Harris, Professor Emeritus of Economics, Stanford University. The project benefited significantly from the unstinting energy and organizing and coordinating skills of Mrs. Rosemarie Broadbell, Chief Technical Assistant in the Director General’s Secretariat, and from the technical and intellectual insights of PIOJ colleagues including, inter alia, Mrs. Claire Bernard, Mrs. Marcia Blake-Hall, Mr. Joseph Cox, Mr. Richard Lumdsen, Ms. Barbara Scott, Mr. James Stewart and Mr. Easton Williams. Sincere gratitude is also acknowledged to the Jamaica Competitiveness Enhancement Programme, funded through a grant from the Inter-American Development Bank (IDB), for providing both technical and financial support that made this project possible. Lastly, because public scholarship was a critical component of the study paradigm, the PIOJ expresses gratitude to persons from MDA, community and civil society groups, and viii
the private sector groups, listed below, who graciously met and engaged us in productive discussions on various aspects of the project. Ministries, Departments and Agencies (MDA) Cabinet Office (Public Sector Transformation Unit) Child Development Agency Development Bank of Jamaica HEART Trust NTA Jamaica Business Development Company Jamaica Constabulary Force Jamaica Customs Jamaica Social Investment Fund JAMPRO Kingston & St. Andrew Corporation Ministry of Agriculture Ministry of Education Ministry of Energy and Mining Ministry of Finance and the Public Service Ministry of Industry, Investment and Commerce Ministry of National Security Ministry of Tourism Ministry of Transportation and Works Ministry of Water and Housing Office of the Prime Minister Office of the Children’s Advocate Petro Caribe Development Fund Social Development Commission Spanish Town Math Circuit St. James Parish Council Urban Development Corporation Victims Support Unit Community and Civil Society Groups Amy Jacques Parenting Association Association of Development Agencies Boys Town CCYSO/Trench Town Citizens Security and Justice Programme Clarendon Parish Development Committee Community Security Initiative Corporate Clinic Council of Voluntary Social Services Denham Town Benevolent Society Development Options Ltd Dispute Resolution Foundation ix
Page 1 and 2: i A GROWTH-INDUCEMENT STRATEGY FOR
Page 3 and 4: To the many ordinary Jamaicans who
Page 5 and 6: Preface The Jamaican economy has ex
Page 7: for making a determined start on th
Page 11 and 12: Citibank N.A. Jamaica Branch Grace
Page 13 and 14: need for “additional fiscal space
Page 15 and 16: Chapter 2 ________________ Summary
Page 17 and 18: 1.0 The Economic Situation Today 1.
Page 19 and 20: expected to provide an essential an
Page 21 and 22: Table 2.1. The Policy Framework: A
Page 23 and 24: programme of social inclusion that
Page 25 and 26: Strategic Focus Table 2.2. Growth S
Page 27 and 28: 6.0 Short-Term Growth Stimulus 6.1
Page 29 and 30: decline of 2.0 - 2.2 percentage poi
Page 31 and 32: Table 2A.2. NWA Projects To be Fast
Page 33 and 34: Table 2A.5. Community Renewal Proje
Page 35 and 36: Table 2B.3. Impact of Repairing Far
Page 37 and 38: Appendix 2C Methodology of the Grow
Page 39 and 40: Part I _________ Overview 28
Page 41 and 42: 2.0 Vision 2030 Jamaica Before delv
Page 43 and 44: 3.0 May 2010 Security Event and Aft
Page 45 and 46: the longer than anticipated global
Page 47 and 48: April July October January April Ju
Page 49 and 50: Three industries recorded increases
Page 51 and 52: 9.0 Proposals for Growth-Stimulus I
Page 53 and 54: targeted economic and social infras
Page 55 and 56: partnering with government to disco
Page 57 and 58: 3.0 Growth Inducement Strategy The
Page 59 and 60:
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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creates allocative inefficiencies,
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Million $ Per cent Jun-10 Mar-10 De
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Table 6.1. Employed Labour Force by
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J$ million Mar-10 Dec-09 Sep-09 Jun
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FIGURE 7: GROSS NATIONAL SAVINGS RA
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4.10.2. However, the extent of the
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Part III ____________ Analytical Fr
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functional relationship between the
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It follows that: (5) s = I/Y = [S -
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However, the existence of measureme
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(d) v* = Y*/K* This is a measure of
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in Chapter 8. The mutual interactio
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Transforming the complex set of str
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Appendix 7A A Methodological Note T
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Chapter 8 ____________________ Asse
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The DBI focuses more narrowly on qu
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to ask, is it possible to predict g
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can be made to serve a very useful
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For further elaboration of the cons
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progressive Jamaica-based firms and
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Table 8.2. Jamaica: Doing Business,
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Table 8.4. Global Competitiveness I
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Table 8.5 (continued) Rank Indicato
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Rank* Constraint Table 8.7 Business
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Chapter 9 ___________________ Inter
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3.0 The Burdens of LAC’s Logistic
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conditions. These combined with a p
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Figure 9.4. Proportion of Primary A
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6.0 Logistics are Essential for Tou
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7.0 Fundamental Steps Forward for J
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Part IV ________________ Policies a
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Current Status: Cabinet by decision
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e more than compensated for by the
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B ____________________ Eliminating
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Commercial Bank loan rates have als
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5.0 Expected Outcomes These measure
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capital, mainly in the form of equi
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oth local and overseas (including t
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Table C.1. Proposed Implementation
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Locally, the Scientific Research Co
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Develop formal and informal links t
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D ____________________ Business Pro
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5.0 Recommendations Based on the ma
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2.5 Coexistent with the levels of u
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industry as well as provide funding
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Table E.2. Unemployed Labour Force
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indirect losses experienced when th
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Table F.1 (continued) Area Type of
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G ____________________ Community Re
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Figure G.1 Community Renewal Progra
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Table G.1 Priority Initiatives Obje
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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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PIOJ Growth-Inducement Strategy - Planning Institute of Jamaica

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