Month: April 2010

In 2009, as the global financial crisis hammered Jamaica’s already-fragile economy and dried up the remittances that millions of families depended upon, the Marley legacy refused every logic of scarcity. His sons recorded, announced collaborations, and extended a musical dynasty into new genres — proof that some inheritances exist beyond the reach of recession.

Black History Month in Jamaica originated from the same roots as in the United States, stemming from the efforts to…

Two months after the Jamaica Debt Exchange and with the IMF Stand-By Arrangement in place, Jamaica’s housing market asks when the fiscal rescue translates into mortgage relief. This review traces the chain of causation from the JDX to the mortgage market — and explains why it takes longer than buyers hope.

Publication date: 5 April 2010 | Covering: January – March 2010 Quarterly Briefing Jamaica IMF Stand-By Arrangement approved February 4…

Extradition tensions with the US cloud investor confidence as Jamaica’s housing market awaits the first concrete signs of post-JDX interest rate relief in April 2010.

Jamaica Homes Global Conflict & Caribbean Impact Review | Published 3 April 2010 | Reporting Period: 3 January – 2…

Caribbean property markets show genuine recovery momentum in spring 2010 as Jamaica’s IMF programme begins and the Dominican Republic leads the region in tourism and FDI.

The quarterly intelligence report on Jamaica’s global diaspora for January–March 2010: the Haiti earthquake of 12 January — killing more than 230,000 people — triggers the most significant Caribbean diaspora humanitarian mobilisation in history; Jamaica’s Dudus extradition crisis deepens as PM Golding refuses the US request; Obama signs the Affordable Care Act; and the UK general election approaches.

A quarterly review of Jamaica’s property market from January to March 2010, the quarter dominated by the Jamaica Debt Exchange of February — the voluntary domestic debt restructuring that restructured Jamaica’s government bond portfolio at reduced coupon rates — and the IMF Stand-By Arrangement signed on February 4 that placed the island’s fiscal adjustment within a formal multilateral programme framework, in which the winter diaspora season provided its seasonal demand input against a backdrop of the most consequential fiscal restructuring in Jamaica’s modern history, and the property market was reading a new economic map whose implications for the recovery it had long awaited were real but whose full expression would take years of programme implementation to materialise.