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ID082247
Title ProperState, institutions and competitiveness
Other Title Informationthe urgency of institutional capacity-building in Jamaica
LanguageENG
AuthorHughes, Wesley George ;  Whyte-Givans, Sophia
Publication2008.
Summary / Abstract (Note)Globalization has been scape-goated for eroding both the structure and viability of various institutions in countries across the world. The Jamaican economy and society is no different. Globalization is a perennial challenge, forcing all institutions to create innovative ways to overcome existing vulnerabilities. There is reliance on the market and a need to identify the institutional arrangements that would make the 'promotion' or transition to upper-middle-income status easier and sustainable. The many challenges provide opportunities for public and private institutions, in particular, to become competitive in a global environment. This study uses developments from Jamaica's past to demonstrate the impact of state policies, which reflect varying degrees of institutional capacity, on the country's development. It suggests a new institutional path if Jamaica is to be propelled towards an era of competitiveness, sustainable growth and balanced development.
`In' analytical NoteRound Table Vol. 97, No.396: Jun 2008: p377-395
Journal SourceRound Table Vol. 97, No.396: Jun 2008: p377-395
Key WordsJamaica ;  Globalization ;  Institutions ;  Development ;  Sustainability ;  Competitiveness