10.10.2016 - IMF, World Bank have no solution for global economic malaise
The state of the global economy is of vital importance to the economic growth and well-being of small, highly open developing economies such as Jamaica.In the case of Jamaica, the price of the most important imports reflect conditions in the global economy, for example, oil and food. Also, the global economy influences the main inflows of foreign exchange — tourism and remittances. Therefore, the discussions in international fora are not esoteric and irrelevant to what happens in the Jamaican economy. On the contrary, these discussions are vitally important. All the forecasts for the global economy suggest continued economic malaise, slow economic growth, uneven recovery, and growing inequality both between countries and within economies of all levels of development..............................................Full Article: Source
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