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The Great Consensus After The Great Recession: The Case Of Jamaica, Anthony N. Iacovelli
The Great Consensus After The Great Recession: The Case Of Jamaica, Anthony N. Iacovelli
Electronic Theses and Dissertations
The purpose of this research was to determine the efficacy of the International Monetary Fund’s Stabilization Program (IMFSP) as a tool for economic development. The Fund’s program utilizes an approach steeped in the Washington Conesus, which requires austere and demand side economic measures to be taken to achieve success. To determine efficacy, Jamaica was used as a case study, where special attention paid to the supply side economic consideration of human capital development in Health and Education. Additionally, this paper contrasted the IMF approach with a case study of Singapore and the Developmentalist approach to economic development. The research provided …