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Economic reforms in Jamaica. (Record no. 45255)

MARC details
000 -LEADER
fixed length control field 00949nam a2200121Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260716043336.0
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name DANIELSON, Anders
245 ## - TITLE STATEMENT
Title Economic reforms in Jamaica.
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1996
520 ## - SUMMARY, ETC.
Summary, etc. Describes a situation in which public policy fails due to the high political price of necessary reforms within a competitive democracy. Argues that Jamaica's competitive democratic system has given rise to, and fostered, a number of negative features: a large and inefficient public sector, budget deficits, inflation, and balance-of-payments disequilibria. As a result, large-scale, allocative inefficiencies and low rates of growth have (1) contributed to endemic poverty and (2) perpetual inequality in the relative distribution of income (as well as social benefits) between the informal, largely rural poor on the one hand, and the formal, largely urban, middle to upper classes on the other.
583 ## - ACTION NOTE
Time/date of action 3/7/00
Action agent M2LMGR
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Analytic

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