Labour Market Forum 2010 - Planning Institute of Jamaica

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Traditional sector is not generally responsive to adjustments of the policy instruments available to government – mainly influenced by external factors ⇒ Facilitates ↑ in productivity of use of imports Every $1 spent on imports is likely to yield higher returns when used in domestic capital intensive production than in import intensive production Saves foreign exchange ⇒ Facilitates intersectoral linkages & allows total output to grow & restructure to achieve international competitiveness Enhances growth of exports due to local innovativeness & creativity WHAT IS REQUIRED OF US? What is Required of MSMEs ⇒ Enterprise-Wide Risk Management & Financing Programme o Provide data for risk assessment & measurement o Improve sector-related standards and technology 56
o Need to improve business skills ⇒ Business Entrepreneurial Empowerment Programme (BEEP) o Special access to financing ⇒ Network/Alliance Building o Importance of The MSME Alliance ⇒ Network of 35 organizations representing 300,000 MSMEs o Active Lobbying What is Required of Government ⇒ Good Governance o Participatory governance framework that gives MSMEs voice Relevant MSME/Entrepreneurship Policies ⇒ Entrepreneurship policy tends to support individuals engaged in the entrepreneurial process (e.g., training & mentoring) ⇒ MSME policy tends to provide benefits and support for firms (e.g., subsidies or tax-breaks) ⇒ Special Access to Financing 57
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Labour Market Forum 2010 Jobs for G
Page 3 and 4:
12:00 p.m. - 12:20 p.m. Mr. Benthan
Page 6 and 7: Gladstone Anthony Hutchinson, Phd D
Page 8 and 9: Professor Rosalea Hamilton Ba (Hons
Page 10 and 11: Mr. Wayne Chen Wayne Chen is the Ch
Page 12 and 13: Mr. Benthan H. Hussey, B.A., M.Sc.
Page 14 and 15: Jamaica Producers Group, Caribbean
Page 16 and 17: Introduction In a nutshell the labo
Page 18 and 19: evenues which led to the ending of
Page 20 and 21: Despite the aforementioned challeng
Page 22 and 23: Hence, while probably a moral and n
Page 24 and 25: in the brighter promise of the futu
Page 26 and 27: As Minister of Labour with portfoli
Page 28 and 29: e-launching its Labour Market Infor
Page 30 and 31: Professional Gaps in the Labour Mar
Page 32 and 33: “Jobs for Growth: The Trade Union
Page 34 and 35: perhaps most importantly, he argued
Page 36 and 37: and the equity considerations which
Page 38 and 39: to break with the system. It is equ
Page 40 and 41: jobs, quality jobs, decent work are
Page 42 and 43: pay and productivity, important fac
Page 44 and 45: formal contracts and work is usuall
Page 46 and 47: The rise of new Keynesian thinking
Page 48 and 49: “The Role of MSMEs in Economic Ex
Page 50 and 51: Development seen as the process of
Page 52 and 53: Growth of domestic capital at a fas
Page 54 and 55: ⇒ It is this tacit knowledge that
Page 58 and 59: ⇒ Significant investment in capac
Page 60 and 61: Overview More than a Financial Cri
Page 62 and 63: Vocational and technical training/e
Page 64 and 65: A challenge to maintain the “Cari
Page 66 and 67: It is necessary to develop and publ
Page 68 and 69: Labour Productivity an Overview →
Page 70 and 71: The level of productivity, in turn,
Page 72 and 73: Jamaica’s Labour Market: Selected
Page 74 and 75: c) Time related (69,500 and 69,300
Page 76 and 77: Productivity & the Jamaican Economy
Page 78 and 79: Table 2: Annual average increase in
Page 80 and 81: Comparative Labour Statistics (Mini
Page 82 and 83: → No guiding philosophies (e.g.,
Page 84 and 85: Factors Contributing: Consistently
Page 86 and 87: Year Gini Coefficient Unit Labour P
Page 88 and 89: An Actual Performance Based Payment
Page 90 and 91: Elements of performance payments ar
Page 92 and 93: Should any 925 unit employee choose
Page 94 and 95: Policy Requirements: Data Standardi
Page 96 and 97: → In many instances, as soon as o
Page 98 and 99: The simple truth is that the Privat
Page 100 and 101: We have to also bear in mind that o
Page 102 and 103: equire to be internationally compet
Page 104 and 105: Where are the future job opportunit
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employ thousands, but more importan
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time-zone gives Jamaica an advantag
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Education and Training Many Jamaica
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Labour Market Forum 2010 - Planning Institute of Jamaica

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