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Caribbean & Central America - April 2015 (ISSN 1741-4458)
JAMAICA: Some dissenting voices raised ahead of Obama visit
As has been well noted over the past year, Jamaica has become something of a ‘poster boy’ for the International Monetary Fund through its implementation of IMF-invigilated reforms. This has been achieved, in part, as a result of what IMF chief Christine Lagarde has referred to as “a great innovation in ownership”. The decision by US President Barack Obama to visit Jamaica on 9 April, ahead of the Summit of the Americas (SOA) in Panama, was widely taken to be a reward for Jamaica’s rigorous adherence to the IMF’s programme (it was only the second ever visit to Jamaica by an incumbent US president). However, some dissenting voices are being raised about the efficacy of the IMF-imposed remedy.
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