
JAMAICA DEVELOPMENT DELAY: OWNING RESTRUCTURING RATHER THAN BEING RESTRUCTURED – by Prof. Kirk Atkinson
Jamaica is an enigma. On the one hand, as a small island state in the Caribbean Sea, it is the one hundred and sixty eighth smallest state in a world in which scale matters, yet it has global recognition on par with the leading dominant states in the world. When it comes to global recognition, countries, like corporations, are recognized by their logo or branding. The United States for example is branded by the stripes and stars, the Statue of Liberty, its military power, and its cultural and human capital. Great Britain is recognized for its imperial past and the monarchy; France for the romanticism of Paris and its cuisines. Italy is recognized for its architecture, its landscape and the Vatican, and Japan for its remarkable rebuilding after its devastation in the Second World War. Among Caribbean island states, Jamaica is equal in global recognition as the aforementioned countries. Like its Caribbean counterparts, Jamaica boasts pristine white sand beaches, luxurious tourist resorts and frequent visits from royalty, the rich and the famous. One distinction, however, is that Jamaica is the only developing country ranked in the top ten countries visited by Americans in 2007 ahead of China and Spain, according to a Pew survey on global travel. Jamaica’s global recognition is a result of the island’s ingenuity, a Janus quality that brings both positive and negative recognition. On the positive side of the recognition ledger, Jamaican reggae music and the legend behind Bob Marley’s music have given Jamaica a global