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Jamaica

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eliotn posted on Thu, Apr 9 2009 1:20 PM

1.  Did the IMF really wreck Jamaica?  There were some things that I heard that I didn't like.  Didn't they encourage massive hyperinflation?

2. Wait, what happened with Jamaican bananas?  Why aren't they producing as many of them?

3. I want more information, what rulings did the WTO do in the past that were anti-free market and harmful?

I would like answers.

Also, when I watched a movie on how the IMF harmed Jamaica, I got tired of all of the pro-protectionist arguments.  It gets old, and why do people keep singing this tune when its been refuted thoroughly over 10^4 times?

Schools are labour camps.

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When an economy changes that dramatically in such a short period it changes the profitability of firms unpredictably.  Those industries were probably directly or indirectly subsidized by the previous arrangement.

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