Full Description
Productivity growth has been slowing down globally in recent years in light of heightened economic crises and geopolitical tensions. This book puts the issue of low productivity growth in small countries under a microscope, exploring Jamaica's productivity challenges in its quest to achieve its United Nation Sustainable Developmental Goals. Overall, this book provides useful examples of handicaps that small countries face and proposes different approaches in finding plausible solutions to their overarching productivity challenges. This study provides useful lessons to other countries, as well, which would like to transition from developing to developed and to better the lives of their citizens.
Contents
1. COVID-19 and Efficiency in a New Global Economy.- 2. Total Factor Productivity & Labour Productivity drivers in Jamaica.- 3. Productivity & Labour Usage in the Goods Producing Sector in Jamaica.- 4. Productivity & Labour Usuage in the Service Providing Sector in Jamaica.- 5. Human Capital, Productivity & Compensation in Jamaica.- 6. Migration and Human Capital Flight.- 7. Remittances.- 8. Corruption & the Informal Economy in Jamaica.- 9. A Growth Comparison of Mauritius and Jamaica.- 10. Forging A Way Forward.
