Country Economic Analysis Report
When most people hear about Jamaica, they will often think of the sunny beaches and the carefree lifestyle that the country is known for. Yet, beneath the surface there is a side of the country that exposes a number of different issues, which affect the well being for millions of ordinary Jamaicans, most notably runaway crime and corruption. Where, the various criminal organizations have become engrained in the highest levels of the government. A good example of this can be seen with the extradition of Christopher “Dudus” Coke. He was wanted in the United States on drug trafficking charges. At first, the U.S. asked the Jamaican authorities to extradite him, the government refused (citing a lack of evidence). After it was getting to the point that the Jamaican government could be in violation of treaty obligations and possibly being listed as narco state by the U.S. government; they decided to extradite Coke. However, the process of arresting him would result in a police shoot out, with Coke’s supporters, in the poor neighborhood of Tivoli Gardens, killing 70 people. (“Details Emerge on Dudus Coke Arrest,” 2010) This is significant, because it shows how two different worlds can exist in Jamaica, as the tourists will one side, while the underlying economic well being could be much worse. To determine underlying amounts of prosperity in the country; requires comparing a number of different pieces of information. This will be accomplished by looking at: the GDP, Per Capita GDP, the GDP growth rate, the GDP composition by sector, the labor force, the labor force by occupation, the population below the poverty line, the unemployment rate, the inflation rate and the human development index rankings. Together, these different elements will provide the greatest insight, as to the overall economic well being of the country.
The GDP purchasing power of Jamaica is $23.8 billion. (“Jamaica,’ 2010) This is considerably smaller than the United States, which has a GDP purchasing power of $14.14 trillion. (“Country Comparison GDP Purchasing Power Parity,” 2010)
Per Capita GDP
The per capita GDP of Jamaica is: $8,400.00. (“Jamaica,” 2010) In comparison with the U.S., this number is much lower, with America having a per capita GDP of $46,000.00. (“United States,” 2010)
GDP Growth Rate
The GDP growth rate for Jamaica was lower than that of the United States in 2009. (“Jamaica,” 2010) With the country seeing: a decline of -2.8%, while the U.S. would see GDP growth coming in at -2.6%. (“United States,” 2010)
GDP Composition by Sector
The GDP composition by sector is different for both countries. As Jamaica is mainly dependent upon services; where, this accounts for 63.9% of the GDP, followed by industry coming in at 30.1% and agriculture 6.0%. (“Jamaica,” 2010) The U.S. is more heavily focused on services, with this accounting for 76.9% of the GDP. This is followed by: industry (coming in at 21.9%) and agriculture (accounting for 1.2%). (“United States,” 2010)
The labor force of Jamaica is currently 1.311 million people. (“Jamaica,” 2010) While the labor force of the United States is 154.2 million. (“United States,” 2010)
Labor Force by Occupation
The labor force by occupation for Jamaica would include: 64% working in services, 19% in industry and 17% in agriculture. (“Jamaica,” 2010) In the U.S. The labor force is divided differently with: 37% working in managerial / professional positions, 24.2% in sales / services, 20.3% in manufacturing, 17.6% in other services and .7% in farming. (“United States,” 2010)
Population below the Poverty Line
The total population that is living below the poverty line in Jamaica is: 14.8%. (“Jamaica,” 2010) In the United States this number is: 12.0%. (“United States,” 2010)
The unemployment rate for Jamaica is: 12.6%. While the unemployment rate for the United States is: 9.3%
The inflation rate for Jamaica is 9.6% and -.3% for the U.S. (“Jamaica,” 2010) (“United States,” 2010)
Human Development Index Rankings
As far as the general human development index is concerned, Jamaica ranks at 100 out of 182 countries. (“Jamaica,” 2009) However, when you look at the specific categories, it is clear that that the country has varying results. Evidence of this, can be seen in the three categories of: life expectancy (where Jamaica posts an average age of 71.7 years old), adult literacy (with Jamaica posting a rate of 86.0%) and per capita income (as the country has a PPP of $6,079.00). (“Human Development Report 2009 Rankings,” 2009)
Clearly, Jamaica is a developing country that has a number of different obstacles to overcome a few of the most notable includes: high unemployment, a lack of diversification in the economy and a high inflation rate. When you put these different elements together, it underscores how Jamaica is a representation of two worlds, one that is the image the tourists will see and another that faces severe economic challenges in trying to develop.
Country Comparison GDP Purchasing Power Parity. (2010). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=Jamaica&countryCode=jm®ionCode=ca&rank=114#jm
Details Emerge on Dudus Coke Arrest. (2010). Repeating Islands. Retrieved from: http://repeatingislands.com/2010/06/23/details-emerge-on-dudus-coke%E2%80%99s-arrest/
Human Development Report 2009 Rankings. (2009). Human Development Report. Retrieved from: http://hdr.undp.org/en/statistics/
Jamaica. (2010). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/jm.html
Jamaica. (2009). Human Development Report. Retrieved from: http://hdrstats.undp.org/en/countries/country_fact_sheets/cty_fs_JAM.html
United States. (2010). CIA World Fact Book. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!