Briefing Papers

February, 2014
CAPRI
Thematic Area: 

There has been a recent outcry in Jamaica against the high and increasing fees and charges being levied by banks on some of their services. The fees attracting most attention are those that relate to basic transactions such as withdrawing cash from another bank’s ATM or stopping payment on a cheque. Charges on fairly common misdemeanours, such as writing a cheque that subsequently bounces or incurring an overdra on an account are also frequently identified as being exorbitant.i Because these fees and charges are levied on fairly commonplace activities, the cumulative effect on an individual or firm can be high, and the aggregate macroeconomic effect through heightened transactions costs cannot be ignored. 

 

October, 2007
CAPRI
Thematic Area: 

Research on the relationship between crime and the economy in Jamaica found two key links. One is that crime directly retards economic growth. The second is that the high rate of violent crime, apparently connected to high levels of interpersonal trust and low levels of confidence in the organs of the State - the olice and court system - heightens transaction costs and therefore diminishes economic activity. Given the apparent connection between violent crime and the loss of confidence in the state, an effective strategy to tackle crime thereby necessitates a restoration of this confidence. 

Jamaica generates approximately 800,000 tons of residential waste annually. The proper management and disposal of this waste is the responsibility of the National Solid Waste Management Authority (NSWMA). However, the continued dumping of waste at this waste-shed with little or no sorting poses major health and environmental concerns.
This policy brief was motivated by the need to increase awareness and understanding of the potential benefits of proper waste management and waste minimization practices. The routine occurrence of fire at the most active waste management site in Jamaica – the Riverton landfill – is also of major concern. These fires, resulting from spontaneous combustion and arson, serve to highlight the health and environmental risks associated with poor waste management practices.
September, 2015
CaPRI
Thematic Area: 
Caribbean countries have largely failed to achieve the targets of the MDGs. Whether our governments purposefully assigned a low priority to the effort or were constrained by limited capacity, ignoring the MDGs may very well have been a good decision. However, it would be a mistake for Caribbean leaders not to engage the new Sustainable Development Goals (SDGs).

In light of the recent call to implement accountability mechanisms in order to raise the quality of Jamaica’s education system, CaPRI (the Caribbean Policy Research Institute) held a one-day conference to look at practical measures that can be taken. The conference was a collaboration among CaPRI, Expanding Educational Horizons (EEH, a USAID/Jamaica-sponsored project), and the Partnership for Educational Revitalization in the Americas (PREAL), an Inter-American Dialogue project. Its purpose was to address the need for education reform in Jamaica, particularly with regard to educational standards.

December, 2013
CaPRI

The value of the lottery scam in Jamaica is estimated to be as much as US$300 million in one year. As a small developing state with a strong ICT infrastructure, Jamaica has been a haven for international investors seeking to cash in.

An overview of the insolvency regime in Jamaica and a proposal for the corporate rescue and rehabilitation reforms based on the best practices for insolvency, bankruptcy, receivership and administration in the Caribbean, U.K., Canada and the U.S.A.

Over the last decade, scrap metal theft has emerged as an epidemic across the globe. This paper draws lessons from the international scrap metal experience to inform the Jamaican context and makes policy recommendations for the effective regulation of the industry.

June, 2011
CaPRI
Thematic Area: 

An overhaul of Jamaica’s tax system is long overdue, but maximizing the effectiveness of the reform process requires a clear sense of priority. This brief highlights the most pressing tax reform measures for improving the Jamaican economy. 

MIGRATION studies have all alluded to the inherent migratory tendency of man. Theoretical explanations give credence to the push-pull dynamic that is responsible for this migratory pattern. It alludes to the fact that there is an inherent desire within humans to increment material wealth and improve natural conditions which often impels them to relocate to a new territory.

TRADE - The economic forces of the 21st century make it imperative for the countries of the Northern Caribbean to develop a trade framework which will translate into stronger and more competitive economies, by seizing the opportunities for increased trade through cooperation and information sharing. The region is highly dependent on trade and international capital flows and will continue to be so for some time.

SECURITY - The countries of the Northern Caribbean are faced with some common security problems. In responding to these problems, their geographic proximity may be exploited for greater cooperation in this sub-region.

Development assistance, specifically targeting renewables in developing countries, exceeded US $2 billion in 2008; such investment has been possible due to the existence of an enabling policy framework for renewables in the host country. This brief outlines the policy regimes available to Caribbean policy makers wishing to usher in a new energy era, by designing enabling policies which will allow them to tap into funding earmarked for renewable energy.

Within the next decade technological change will revolutionize the energy sector, with renewable energy based electricity becoming competitive with conventional (fossil-fuel based) electricity generation. This brief explores various mechanisms for mobilizing financial resources for investment in renewable energy technologies in the Caribbean.

November, 2009
CaPRI
Thematic Area: 

Given the scarcity of fiscal revenue in the country, the resources needed to improve the education system will have to be generated, not through new cash, but through re-allocation. This brief examines the current tertiary funding model and presents funding alternatives.

October, 2009
CaPRI
Thematic Area: 

The country faces significant gaps in its external and fiscal accounts. With limited credit options given the current international economic environment, economic restructuring is imperative to sustainable recovery. This paper shows recourse to the IMF offers a viable solution.

 

An assessment of the trading relationships between Latin American and Caribbean (LAC) countries and the economic potential to be derived from trade between the LAC region and other emerging economies.

September, 2009
CaPRI
Thematic Area: 

As we approach the end of 2009, in the aftermath of the global financial crisis, the global economy appears to be stabilizing. This brief weighs the options for the country’s next steps: reduction of public deficit or pursuit of a fiscal stimulus strategy.

April, 2009
CaPRI

As the global economic crisis continues to unfold, this report seeks to rigorously assess the degree of exposure of different types of business to the crisis, evaluate the implications of extant and future adjustments being made by businesses in response to the crisis, and examine the potential efficacy of the government’s response to the crisis.

November, 2008
CaPRI
Thematic Area: 

Pressure for key public officials with dual citizenship to leave public posts has spawned a national debate on the issue. The Caribbean Policy Research Institute undertook a study to investigate the central claims being made by proponents and opponents of the constitutional provision which is the legal basis for such forced vacation.