How to cut government debt, with Robin Wigglesworth
Jamaica’s economy was chronically mismanaged. Until it wasn’t. What happened?
The Economics Show · Financial Times
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Show Notes
Jamaica’s economy struggled for decades, and at one point it had amassed debts worth more than 140 per cent of GDP. Even the IMF wouldn’t return its calls. But somehow, in the 2010s, it managed to halve its government debt – over just seven years. Today on the show, we ask how they did it, and what lessons Jamaica can teach much larger economies.
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