Quarterly Update | Q1 1998 | January–March 1998 | Jamaica Homes News

Key Takeaways: Q1 1998 in Six Lines
- Lewinsky scandal breaks January 21; Clinton’s presidency enters its deepest crisis
- Pope John Paul II visits Cuba January 21–25; a historic encounter on Cold War’s last island
- Asian financial crisis spreads; Indonesia, South Korea, Thailand all in severe recession
- Jamaica Reggae Boyz prepare for France 98; World Cup dream becomes tangible reality
- UK Caribbean community’s Stephen Lawrence campaign intensifies ahead of public inquiry
- Jamaica property market shows resilience; diaspora buyers drive north coast activity
The Lewinsky Scandal: Washington in Crisis
On January 21, 1998, the Washington Post published a story reporting that Monica Lewinsky, a 22-year-old White House intern, had had a sexual relationship with President Bill Clinton, and that Clinton had allegedly asked her to deny it under oath in the Paula Jones sexual harassment case. Within hours, the story had consumed every other political topic in the United States, and Clinton was delivering his categorical denial — “I did not have sexual relations with that woman, Miss Lewinsky” — at a White House press event that would become one of the most watched and subsequently most scrutinised moments in the history of the American presidency.
Independent counsel Kenneth Starr, whose office had been investigating a series of matters involving the Clintons for three years, expanded his investigation to include the Lewinsky allegations. The legal and political crisis that would define the remainder of Clinton’s presidency had begun, and the first quarter of 1998 was dominated by it in a way that made serious policy making — in domestic affairs, in international relations, across the board — extraordinarily difficult. The contrast between the personal conduct allegations and the economic performance of the Clinton years — the longest peacetime expansion in American history, low unemployment, rising wages — created a peculiar political dynamic that would ultimately save the President from removal but at enormous cost to his historical legacy.
For the Jamaican and Caribbean diaspora in the United States, the Lewinsky scandal was followed with a combination of personal distaste for the conduct alleged and political solidarity with a President who had, whatever his personal failings, delivered economic conditions that genuinely benefited working-class and minority communities. The unemployment rate had fallen to its lowest level in decades; the budget deficit had been eliminated; wages were rising. These were not abstractions for diaspora families who worked, saved, and sent remittances home: they were felt realities. The scandal was real, but so was the economic performance, and the community’s political judgment weighed both.
The Pope in Cuba: A Cold War Island Opened
Pope John Paul II’s visit to Cuba from January 21 to 25, 1998 — the first papal visit to the island — was one of the most symbolically charged events of the decade. Cuba, the last significant Communist state in the Western hemisphere and the defining Cold War battleground of the Americas, received the Pope in a series of open-air masses that drew crowds of hundreds of thousands. The visit generated extraordinary media coverage and a brief but genuine thaw in the atmosphere surrounding the US-Cuba relationship, with the Cuban government permitting a degree of public religious expression that had been suppressed for decades and the Clinton administration making modest relaxations of the embargo in response.
For the Caribbean community — and particularly for the significant Cuban-American diaspora in Florida — the papal visit was an event of deep significance. It placed Cuba back at the centre of international attention, it demonstrated that the island’s isolation was neither permanent nor total, and it raised again the perennial question of US-Cuba policy: whether the embargo, maintained for nearly four decades, was serving the purpose of pressuring the Castro government or simply providing it with a political grievance and insulating it from accountability. That debate was not resolved by the papal visit, but the visit gave it new energy.
Asian Financial Crisis: The Contagion Spreads
The Asian financial crisis that had begun with the collapse of the Thai baht in July 1997 spread through the first quarter of 1998 into a full-scale economic catastrophe across the region. Indonesia, the world’s fourth most populous country, was in the grip of a currency collapse, a banking crisis, and political instability that would eventually produce the fall of President Suharto in May. South Korea, which had received a massive IMF bailout package, was implementing painful structural reforms under intense public pressure. Thailand, where the crisis began, was in deep recession. The IMF’s role in managing the crisis — its insistence on fiscal austerity and structural reform as conditions of support — was fiercely contested, with critics arguing that the Fund’s prescriptions were exacerbating the recessions rather than resolving them.
For the Caribbean diaspora, the Asian financial crisis was a reminder of the interconnectedness of the global economy and the speed with which financial crises could spread across borders and continents. Jamaica’s own FINSAC crisis — a domestic banking sector collapse driven by different proximate causes but sharing the characteristic of rapid financial sector expansion outpacing regulatory capacity — was unfolding simultaneously, and the parallel was not lost on Jamaican economic policymakers and community members following both situations. The Asian crisis also raised questions about IMF conditionality that had direct relevance for Jamaica’s own relationship with the Fund.
Reggae Boyz: France 98 Is Real
As the first quarter of 1998 draws to a close, the Jamaica national football team — the Reggae Boyz — are in full preparation for their historic first appearance at the FIFA World Cup, to be held in France in June and July. The qualification was secured in November 1997 in scenes of extraordinary national celebration, and the months since have been devoted to preparation: squad assembly, international friendlies, tactical development, and the building of the physical and mental readiness that a World Cup campaign demands. Coach Rene Simoes has continued to build the cohesive, committed squad that achieved qualification, and expectations among supporters are calibrated: this is a first World Cup, against established footballing nations, and the achievement of qualification is itself historic.
For the diaspora community, the World Cup preparation has been followed with an intensity that reflects what the tournament represents. Football is one of the primary cultural currencies through which the Jamaican diaspora in Britain connects both with its heritage and with the broader British community. The Reggae Boyz’s qualification has been a conversation-opener and a pride-marker in workplaces, schools, and community venues across the UK. In the United States and Canada, where football’s hold is less pervasive but where the Caribbean diaspora maintains a strong connection to the sport through its Caribbean and British cultural roots, the anticipation is equally genuine. France is four months away, and it cannot come quickly enough.
Jamaica Diaspora & Returnee Quarterly Update — covering January to March 1998. Published by Jamaica Homes News on 2 April 1998.
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