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

Compton Bourne

Chapter 12 in Foreign Investment, Debt and Economic Growth in Latin America, 1988, pp 165-179 from Palgrave Macmillan

Abstract: 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.

Keywords: Gross Domestic Product; Real Interest Rate; Nominal Interest Rate; Real Gross Domestic Product; Domestic Saving (search for similar items in EconPapers)
Date: 1988
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DOI: 10.1007/978-1-349-08311-4_12

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