ID | 082247 |
Title Proper | State, institutions and competitiveness |
Other Title Information | the urgency of institutional capacity-building in Jamaica |
Language | ENG |
Author | Hughes, Wesley George ; Whyte-Givans, Sophia |
Publication | 2008. |
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 Note | Round Table Vol. 97, No.396: Jun 2008: p377-395 |
Journal Source | Round Table Vol. 97, No.396: Jun 2008: p377-395 |
Key Words | Jamaica ; Globalization ; Institutions ; Development ; Sustainability ; Competitiveness |