Jamaica
This paper presents the results of a survey of micro-enterprises undertaken in Ecuador and Jamaica. The purpose was to understand the relationships between these countries' institutional and legal regulations, the degree of compliance by firms and the impact of compliance on their performance (particularly growth). This enquiry was complemented with case studies of issues related to compliance with regulations.
Initially, the paper sets out to analyse the characteristics of the microenterprises surveyed and their type of insertion into product and factor markets. Afterwards, it describes the differences observed in the regulatory frameworks of the two countries, and explains the differences in the degree of compliance with the law on the part of small firms. The final part of the paper determines statistically the relative importance of the factors that influence firm registration and identifies their effects on the growth of micro-enterprises.
The initial process of registration ...
The Caribbean Rim Investment Initiative (CRII) promotes a co-operative approach between countries of Central America and the Caribbean, the OECD and other international organisations with the objective of enhancing investment opportunities. This book, which contains the reports for Costa Rica, the Dominican Republic and Jamaica, is a roadmap for developing and implementing the agenda for investment policy reform. It is for policy makers, researchers, and private sector stakeholders in the region.
L’initiative pour l’investissement dans le bassin des Caraïbes vise à promouvoir une coopération créative et pragmatique entre les pays d’Amérique centrale et des Caraïbes, de l’OCDE et d’autres organisations internationales. Les rapports sont destinés à être utilisés par les pays concernés, le Costa Rica, la République dominicaine et la Jamaïque comme des feuilles de route pour l’élaboration et la mise en œuvre du programme de réforme de leur politique en matière d’investissement. A paraître : Les rapports sur Antigua-et-Barbuda, le Belize, la Grenade, Haïti, les Antilles néerlandaises, Sainte-Lucie et la Trinité-et-Tobago.
La perception qu’ont les investisseurs de la Jamaïque en tant que destination de l’investissement direct étranger (IDE) s’est améliorée au cours des dix dernières années, et les investisseurs sont généralement favorables aux efforts entrepris par le gouvernement jamaïcain pour attirer l’IDE. La stabilité politique et le caractère démocratique du régime comptent parmi les principaux facteurs qui attirent les investisseurs en Jamaïque. Ce rapport observe les principaux points qui restent à améliorer, ainsi que les mesures concrètes que les pouvoirs publics peuvent mettre en œuvre (le plus souvent avec l’appui d’organisations internationales) afin de rendre le climat d’investissement encore plus favorable dans ce pays. Le principal objectif de la Jamaïque est ...
Investor perceptions of Jamaica as a location for Foreign Direct Investment (FDI) have improved within the last decade and investors are generally supportive of the Jamaican government’s efforts to attract FDI. Political stability and democratic government rank high among the factors drawing investors to Jamaica. This report looks at areas which need to be improved as well as concrete measures to be implemented by the government (often with the support of international organisations) to further enhance Jamaica’s investment climate. Jamaica’s main objective is to transform itself into a knowledge-based economy, using foreign private investment as a strategic tool to meet its development goals of human capital improvement, increased productivity, job creation, transfer of technology and export diversification ...
Jamaica’s education system operates in the context of diffi cult economic conditions. Infl ation and unemployment rates are high and the economy, which is heavily dependent on the service sector, especially tourism, declined sharply after the 2001 downturn in global trade and tourism. Economic growth between 1995 and 2003 was negligible and income per capita decreased slightly. Today, Jamaica stands at the lower end of WEI countries with a GDP per capita of PPP$ 3 800.
Emisiones de DPR y de bonos soberanos en el mercado primario appears in Perspectivas Económicas de América Latina 2010.
DPR and Sovereign Bond Issues at Launch appears in Latin American Economic Outlook 2010.
Émissions de DPR et d'emprunts d'État à leur lancement est issu de Perspectives économiques de l'Amérique latine 2010 (chapitre 5).
Jamaican legislation prohibits all discrimination based on race or religion, but does not make any reference to gender. The government is reviewing a draft charter on fundamental rights that would specify gender on the list of prohibited discriminations. Jamaica’s Civil Code and Penal Code still contain numerous discriminatory measures, and the language used in the country’s laws is not gender-neutral. Traditional gender stereotypes are institutionalised within Jamaica’s education system, the media, religion and the family.
The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 90 jurisdictions which participate in the work of the Global Forum on an equal footing.
The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes. These standards are primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commentary, and in Article 26 of the OECD Model Tax Convention on Income and on Capital and its commentary as updated in 2004, which has been incorporated in the UN Model Tax Convention.
The standards provide for international exchange on request of foreseeably relevant information for the administration or enforcement of the domestic tax laws of a requesting party. “Fishing expeditions” are not authorised, but all foreseeably relevant information must be provided, including bank information and information held by fiduciaries, regardless of the existence of a domestic tax interest or the application of a dual criminality standard.
All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed. This process is undertaken in two phases. Phase 1 reviews assess the quality of a jurisdiction’s legal and regulatory framework for the exchange of information, while Phase 2 reviews look at the practical implementation of that framework. Some Global Forum members are undergoing combined – Phase 1 plus Phase 2 – reviews. The ultimate goal is to help jurisdictions to effectively implement the international standards of transparency and exchange of information for tax purposes.
All review reports are published once approved by the Global Forum and they thus represent agreed Global Forum reports.