You are here

July, 2007

Recent research has suggested that anticipated future changes in the global economy will further shift Jamaica's comparative advantages away from traditional labour- and resource-intensive industries. Moreover, vulnerability to climatic and external shocks will further expose production that is dependent upon space to vagaries that lie largely beyond the country's control. One of the few areas in which Jamaica enjoys a comparative advantage that is likely to survive such changes is knowledge-generation.

 

Feedback