We Need to Get Rid of the Systemic and Structural Impediments to Growth through Strong Leadership and More Transparency in Government.

Any investment in the economy is only worthwhile when significant economic spin-off occurs in the economy occurs. Where huge debt were incurred in order to build our infrastructures we must ensure that the benefits of the immediate economic impact occurs now and not blindly rely on the long term net benefit that this government is forecasting since it may result in a negative rate of return on investment due the time value of money. Meaning it is better to have the benefits occurring now than later. This only occurs when your own workers are employed on the job, otherwise we are speculating about future benefits.

The economic leakages and why Foreign Direct Investment (FDI) have not resulted in significant growth in GDP are twofold; (1) The consumption of imported resources (Energy, Goods and Labours) to facilitate or build the project here in Jamaica and (2) the ineffective and or abuse of our taxation policies like the tax waiver. We have very good consulting engineering and business people here in Jamaica, all the government needs to do is to practice good management of the nation resources and enforce good business ethics.

If you were to do a correlation between GDP and FDI and you will see my point. Mark you, this occurred under both JLP and PNP administrations. 

The Auditor General of Jamaica Reports Bad Investment Decisions