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Forging a Way Forward

In: Overcoming Productivity Challenges in Small Countries

Author

Listed:
  • Andre Haughton

    (University of the West Indies)

  • Wendel Ivey

    (Bank of Jamaica)

Abstract

This chapter concludes the book and explores underlying principles that are important to the discussion of productivity in the local and global context. It explores the relevance of specialization as a necessary strategy to improve productivity growth along with some other country specific factors which Jamaica can implement to improve productive performance and quality of life in Jamaica. These include greater support for the national productivity organization, a mandatory second language and increasing economic complexity to deliver higher value-added goods and services. Consequently, the chapter provides a pathway on how to escape the poverty trap sustainably.

Suggested Citation

  • Andre Haughton & Wendel Ivey, 2023. "Forging a Way Forward," Springer Books, in: Overcoming Productivity Challenges in Small Countries, chapter 0, pages 259-278, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-23301-2_10
    DOI: 10.1007/978-3-031-23301-2_10
    as

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