Search Result for: equilibrium

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Why Jamaica Needs a Long-Term View

By Dennis Chung CJ Contributor Recently, I said to someone that one of the challenges Jamaica has as a country is that we are too focused on immediate gratification, and not on the long-term effects of our actions. As a consequence, […]

What Do Economic and Social Change Look Like in Jamaica?

By Dennis Chung CJ Contributor PERHAPS the question I get asked most frequently is about the economy and the prospects for it. One of the things I hate the most is when people engage you on the economy and ask […]

Rethinking Jamaican Development

By Dennis Chung CJ Contributor ONE of the things I encourage my staff to do is feel free to be critical of me as CEO of the Private Sector Organisation of Jamaica (PSOJ), which leads to having an environment where […]

Where is Jamaica’s Private Sector?

By Dennis Chung CJ Contributor LAST year I sat on a panel to discuss the state of the economy. Someone in the audience correctly stated that much work was being done by the government to improve the business and economic […]

These are Four Clear Ways to Stimulate Development in Jamaica

By Dennis Chung CJ Contributor MOST times when we speak about economic and social development, many of us think about the cost of infrastructure or costs associated with the government providing stimulus to the economy. Or if we talk about […]

Thinking Differently in Jamaica

By Dennis Chung CJ Contributor 2015 is here, and we celebrate a new year and new beginnings. But what does the turn of a new year really mean? Traditionally, we have always celebrated a new year as a new beginning, […]

Productivity in Jamaica

By Dennis Chung CJ Contributor JAMAICA SEEMS set to pass the sixth International Monetary Fund (IMF) test, underlining the fact that we have, no doubt, been making progress in establishing the framework on which development must take place. I say this […]

Overcoming Poverty in Jamaica

By Dennis Chung CJ Contributor ACCORDING to the recently released 2012 Survey of Living Conditions (SLC), Jamaica has recorded an increase in poverty levels between 2009 and 2012. “The all-Jamaica individual poverty prevalence increased by 2.3 percentage points relative to […]

Jamaica’s Fundamental Challenges

By Dennis Chung CJ Contributor ONE of the things I pointed out early in my second book is that before we can solve a problem we need to understand what the fundamental issues are. I say that because over the […]

A Caribbean Lesson From Cuba

By Dennis Chung CJ Contributor LAST month I was a member of the delegation that visited Cuba with Jamaica Health Minister Dr Fenton Ferguson to look at that country’s preparation for Ebola, and thus take back some lessons for implementation […]

Health Management in Jamaica

By Dennis Chung CJ Contributor THE world has, in recent weeks, been very concerned with the Ebola virus and more importantly, containing it. Here in Jamaica, we have been dealing with the effects of the chikungunya virus, more commonly referred […]

How Much Can Jamaica Grow?

By Dennis Chung CJ Contributor THE PLANNING Institute of Jamaica (PIOJ) is targeting real GDP growth of three percent in the fiscal year 2015/16. This is against the previously targeted 1.5 to two percent, under the current IMF agreement. I have […]

Personal Responsibility and Development in the Caribbean

By Dennis Chung CJ Contributor THE RECENT Global Competitiveness report has shown that Jamaica is seeing some international competitiveness return from the current set of policies being instituted. It has been a while since our competitiveness has improved, and this […]

Jamaica’s Growing Crisis

By Dennis Chung CJ Contributor WHILE we debate the economic challenges facing Jamaica, there is an emerging crisis that many are not speaking of, but which we must address as a country. This is the health of our population, and […]

Social Justice and Economic Development in Jamaica

By Dennis Chung CJ Contributor EVERYONE should know by now that I believe Jamaica’s economic programme is being managed properly, as the fiscal and legislative adjustments being made are definitely the right option for creating a positive environment for economic […]

Values and Jamaican Development

By Dennis Chung CJ Contributor Earlier this week I ran into Bunny Goodison, and we got to talking about the demise of values and attitudes in Jamaica. We spoke about the fact that even though we may see growth in […]

The Private Sector and Jamaica’s Growth

By Dennis Chung CJ Contributor THE recent Jamaica Observer report that 7,000 professionals have left Jamaica over the past few years has received much attention. We all know that teachers, nurses, engineers, accountants, and other professionals have been making the […]

Op-Ed: Leading Sustainable Tourism in the Caribbean

By Ryan Peterson Op-Ed Contributor IT IS a truism that tourism is experiencing a tectonic transformation. In recent times, the global tourism and travel industry, and in particular, Small-Island Tourism-Economies (SITES) in the Caribbean have had to contend with a […]

What “Buy Jamaican” Should Mean

By Dennis Chung CJ Contributor Earlier this week I attended a forum and was asked to answer some questions from the audience. The forum was about entrepreneurship and one person, an entrepreneur himself, addressed the audience and encouraged everyone that […]

The Problem of Caribbean Air Travel

By Dennis Chung CJ Contributor The first issue of the lack of progress with intraregional trade and synergy in the Caribbean is obvious. The fact is that unless we are able to improve the ease of traveling throughout the region, […]

Understanding the Path to Jamaica’s Development, Part 1

By Dennis Chung CJ Contributor ALMOST daily I get questions on what will happen to the Jamaican economy and whether or not we are moving in the right direction. Or sometimes, get a comment that my expressed cautious optimism is […]

Fear and the Jamaican Economy

By Dennis Chung CJ Contributor FEAR can be a very important learning tool if one understands and embraces it. A child for example learns through fear, and understanding how to minimize the risk associated with the fear. If, however, the […]

A Cyclist’s View of Jamaica

By Dennis Chung CJ Contributor ONE of the things I have learned from my teachers is that before you attempt to write (or say) something, in other words pass judgment, it is very important to observe and think about what […]

Dennis Chung: The Missing Piece to Jamaica’s Development

By Dennis Chung CJ Contributor AS Jamaica starts the 2014/15 fiscal year with the reports that we have successfully passed all four IMF tests so far, and with a feeling of greater confidence and hope for economic and fiscal improvements, […]

Jamaica’s Path to Prosperity

By Dennis Chung CJ Contributor Jamaica’s January fiscal numbers reveal a concern that many of us expressed at the start of the International Monetary Fund agreement: that achieving the primary surplus target is going to be very challenging. The numbers […]

Transforming Jamaica’s Public Sector

By Dennis Chung CJ Contributor ANYONE WHO has been reading my articles will be aware that I have always been caught up with the need to transform the public sector into a more efficient and facilitative support for private sector […]

What’s Holding Back Jamaica’s Reforms

By Dennis Chung CJ Contributor ANYONE who has been reading or listening to my recent commentaries would realize that I am fully in support of the reform agenda otherwise known as the IMF programme in Jamaica. Similarly, anyone who has […]

The Mechanics of Growth in Jamaica

By Dennis Chung CJ Contributor A FEW days ago I was on a radio interview where the question was: Who was responsible for growth, government or the private sector? This question, I think, is of fundamental importance if we are […]

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