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June, 2010
Prospects for the Bauxite/Alumina Recovery
Alicia Roache

With the world economy showing signs of recovery in the first quarter of 2010 there are indications that the global aluminium industry is beginning to rebound. However, recovery of the Jamaican industry will lag behind world trends as the alumina plants are high-cost by global standards and so are not likely to come on stream until the global economic recovery strengthens. Hence,turnaround in the medium to long-term will depend substantially on the industry switching from oil to cheaper energy sources like coal or liquid natural gas (LNG) while achieving other operational efficiencies.

June, 2010
Financing Higher Education: A Global Crisis
Sir Kenneth Hall

Perhaps the most critical change needed is the acceptance by tertiary education institutions of the necessity to achieve their goals of instruction, research and public service through mobilizing a larger proportion of their own resources and using the existing resources more efficiently.

June, 2010
Point Counter-Point: Managing Monetary Policy - Fixed or Managed Float?

Edward Seaga makes a compelling case for a pegged rate, that is, “a fixed currency value accepted or legislated as non-variable. Pegged rates can last decades without change, as has been the case in the Organization of Eastern Caribbean States.”...

 

Colin Bullock argues that the “reintroduction of a peg would have to weigh the issue of capital controls” and could also mean “neutering the significant technical expertise in money and foreign exchange policy that has been developed at the Bank of Jamaica”....