Jamaica’s political culture and economic realities are constraints that the government must grapple with as it attempts to grow the country out of this recession
Name: Dorrel Horatio Savage
ID#:
Course Code: Foun1001/FD10A
Tutors Name:
Day & Time of Class: Tuesday 12:00 – 2:00PM
Assignment: Essay sentence outline and reference assignment
Broad Topic: Recession and the Jamaican Government
Narrowed Topic: The Jamaican Government’s attempt to grow the country out of the current economic crisis.
The recession of 2008 is now in its second year. Jamaica, like most countries, is developing policies with the intention of growing itself out of this economic crisis. (Zuckerman, 2008, para. 2) alluded to this crisis as being “the worst economic crisis the world has seen since the 1929 great depression”. One of the tools employed to counter the great depression was the United States government intervention dubbed “Franklin Roosevelt’s New Deal of the 1930s” (Zuckerman, 2008, para. 6). Today countries like the United States of America and Germany have introduced new laws and policies in an effort to stave off the effects of the current recession. Jamaica, led by Prime Minister, Hon. Bruce Golding, have fashioned its version of the Franklin Roosevelt New Deal. The government has announced a system of tax relief for the tourism, real estate industries as well as the new and used car sectors. However, on the other hand, they have also introduced a petroleum and communication tax increases all geared towards economic growth.
In spite of the above, Jamaica’s political culture and economic realities are constraints that the government must grapple with as it attempts to grow the country out of this recession.
Bruce Goldings ‘New Deal’ is primarily geared towards economic growth. These policies, even after implementation, needs stakeholder support in order to have the desired effects. One mitigating factor, however, might be the country’s partisan culture. Ryan (1999) hinted at the issue of partisan politics from as early as the 1960s. Ryan noted that political Parties take risk with the national interest in pursuit of
ID#:
Course Code: Foun1001/FD10A
Tutors Name:
Day & Time of Class: Tuesday 12:00 – 2:00PM
Assignment: Essay sentence outline and reference assignment
Broad Topic: Recession and the Jamaican Government
Narrowed Topic: The Jamaican Government’s attempt to grow the country out of the current economic crisis.
The recession of 2008 is now in its second year. Jamaica, like most countries, is developing policies with the intention of growing itself out of this economic crisis. (Zuckerman, 2008, para. 2) alluded to this crisis as being “the worst economic crisis the world has seen since the 1929 great depression”. One of the tools employed to counter the great depression was the United States government intervention dubbed “Franklin Roosevelt’s New Deal of the 1930s” (Zuckerman, 2008, para. 6). Today countries like the United States of America and Germany have introduced new laws and policies in an effort to stave off the effects of the current recession. Jamaica, led by Prime Minister, Hon. Bruce Golding, have fashioned its version of the Franklin Roosevelt New Deal. The government has announced a system of tax relief for the tourism, real estate industries as well as the new and used car sectors. However, on the other hand, they have also introduced a petroleum and communication tax increases all geared towards economic growth.
In spite of the above, Jamaica’s political culture and economic realities are constraints that the government must grapple with as it attempts to grow the country out of this recession.
Bruce Goldings ‘New Deal’ is primarily geared towards economic growth. These policies, even after implementation, needs stakeholder support in order to have the desired effects. One mitigating factor, however, might be the country’s partisan culture. Ryan (1999) hinted at the issue of partisan politics from as early as the 1960s. Ryan noted that political Parties take risk with the national interest in pursuit of