Christopher Burgess | Education for economic growth

Jamaica’s ease of registering a business is often praised and mistakenly equated with growth. But growth is much more than ease of entry and is constrained by the limited available technical skills and the incentives that shape firm behaviour. Mismatched education outcomes, outdated manufacturing capacity, and an investment framework that rewards firms with preferential access, fail to generate sustained growth that averages around 1% for over five decades.

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