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Jamaica

Jamaica

Solution??
The documentary was brilliant in showing the ravaging effects of globalization on a small, relatively undeveloped economy. What it didn't offer was a solution to the problem. 
The corporations that exploited Jamaica are only doing what corporations are supposed to do -search for profit at all costs. These are your 401 K dollars at work. The IMF and lending institutions are doing what they are supposed to do - promote open economies, free markets, and government reform. The destructive nature of these policies on Jamaica is as much due to the nature of Jamaica as to the policies themselves. 
Why do the same policies that are wrecking Jamaica, result in rapid development in China, Ireland, etc.? Other countries have advantages not available to Jamaica. China has a vast internal market, resources, and an educated populace. Ireland has the financial support of the EU, and an educated English-speaking population. Globalization, the IMF, etc, are helping these countries. 
The bottom line is that the developed world needs nothing from Jamaica. Jamaicans do not have the natural resources, education, or infrastructure to compete. But Jamaica needs many things (cars, electronics, expertise, manufactured goods, etc.) from the developed world, and the rules for entry

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