Jeep
Name: Rory Hines
Assignment: Text Into Context
Topic: Unemployment and JEEP
Jamaica Emergency Employment Programme (JEEP)
The Peoples’ National Party, the present government, in its election manifesto as the then opposition, stated that part funding for the Jamaica Emergency Employment Programme would be allocated from state-owned resources. This implies that that part funding would also come from non-state owned resources as well. It declared that funding from the employment creation initiative will emerge mainly from about 25% of the Jamaica Development Infrastructure (JDIP) Funds. Moreover, it pointed out that the JDIP funds would be supplemented by a percentage of the Tourism Enhancement (TEF) Fund; all in an effort to fuel the JEEP. Beneath the surfaces of accountability and transparency which the PNP circulated its mandate around, it seemed unclear and unaccountable regarding the funding for the JEEP. According to Grindley (2012), “… the ‘Finance Minister’ was not clear about the source of the $4 billion dollars…” The lack of clarity is imperative of a deficiency of full disclosure as to the origin of these funds. This leaves many unanswered questions in the minds of economic agents. Is it that the $4 billion is 25% of the JDIP funds? Is it that the 25% of JDIP funds plus the TEF add up 4 billion dollars?
It would seem though that foreign powers will have some amount of say in the steering of the JEEP. I put forward this ideal because work related conventions of JEEP are a splitting resemblance of the Jamaica Development Infrastructure Programme (JDIP). This will be discussed later. Do we recall that the JDIP is partly funded by the Inter-American Development Bank (IDB) in collaboration with the China Export/Import (EXIM) Bank? Wignall (2012) asks “The question is, are the Chinese that interested in us that they would make available loan amounts on jobs that are likely to have little value added?” Additionally we recall the party leader in a pre
Assignment: Text Into Context
Topic: Unemployment and JEEP
Jamaica Emergency Employment Programme (JEEP)
The Peoples’ National Party, the present government, in its election manifesto as the then opposition, stated that part funding for the Jamaica Emergency Employment Programme would be allocated from state-owned resources. This implies that that part funding would also come from non-state owned resources as well. It declared that funding from the employment creation initiative will emerge mainly from about 25% of the Jamaica Development Infrastructure (JDIP) Funds. Moreover, it pointed out that the JDIP funds would be supplemented by a percentage of the Tourism Enhancement (TEF) Fund; all in an effort to fuel the JEEP. Beneath the surfaces of accountability and transparency which the PNP circulated its mandate around, it seemed unclear and unaccountable regarding the funding for the JEEP. According to Grindley (2012), “… the ‘Finance Minister’ was not clear about the source of the $4 billion dollars…” The lack of clarity is imperative of a deficiency of full disclosure as to the origin of these funds. This leaves many unanswered questions in the minds of economic agents. Is it that the $4 billion is 25% of the JDIP funds? Is it that the 25% of JDIP funds plus the TEF add up 4 billion dollars?
It would seem though that foreign powers will have some amount of say in the steering of the JEEP. I put forward this ideal because work related conventions of JEEP are a splitting resemblance of the Jamaica Development Infrastructure Programme (JDIP). This will be discussed later. Do we recall that the JDIP is partly funded by the Inter-American Development Bank (IDB) in collaboration with the China Export/Import (EXIM) Bank? Wignall (2012) asks “The question is, are the Chinese that interested in us that they would make available loan amounts on jobs that are likely to have little value added?” Additionally we recall the party leader in a pre
References: Edwards, A. (2012) Jeep hits pothole-Portia rpas critics, ‘Non partisan road programme launched instead, Retrieved on Saturday February 18, 2012, From http//www. jamaicaobserver.com/columns/jeep his pothole. Hosein et al ( 2006) Caribbean Advanced Proficiency Examination : Economics Unit 1. Xpress Litho Ltd. Greenwood et al ( 2007) Economics for CSEC. Cape Town, Cambridge University Press Wignal, M. (2012) Getting Jeep out of the showroom, Retrived on Sunday, February 19, 2012, From http://www.jamaicaobserver.com/columns/Getting-JEEP-out of the showroom_10734213