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Financial Deepening, Domestic Resource Mobilisation and Economic Growth: Jamaica 1955–82

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Foreign Investment, Debt and Economic Growth in Latin America
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Abstract

The economic growth performance of most Commonwealth Caribbean countries has been unimpressive in recent years. Real per capita gross domestic product declined by 5 per cent in Guyana and 17 per cent in Jamaica between 1970 and 1982. The Trinidad and Tobago economy which grew rapidly during the petroleum price boom of 1974 to 1981 experienced decreases in real per capita Gross Domestic Product (GDP) in 1983 and 1984. Barbadian real gross product per capita also declined in 1982 and 1983.

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© 1988 Antonio Jorge and Jorge Salazar-Carrillo

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Bourne, C. (1988). Financial Deepening, Domestic Resource Mobilisation and Economic Growth: Jamaica 1955–82. In: Jorge, A., Salazar-Carrillo, J. (eds) Foreign Investment, Debt and Economic Growth in Latin America. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08311-4_12

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