Articles

December, 2011

 A study by Jamaica Productivity Centre (JPC) offers evidence of the performance gap between JPS power generation and other domestic power producers; ranks the JPS distribution operations among the least efficient in the region for total distribution losses, non-technical losses and reliability; and places JPS in the group with the highest electricity prices. At issue is whether modifications to the current operations of JPS and changes to the orientation of regulation could deliver significant short term benefits by way of lower electricity prices.

December, 2011

 The continued operation of all four alumnia plants in Jamaica, including even the most efficient, CAW, depends on the industry having a long-term source of competitive energy as well as resolving certain bauxite reserves issues. Two actions are necessary to achieve these objectives: Substituting oil with a cheaper fuel and making the necessary investments to accommodate the new fuel; making the necessary investments to improve the efficiency of whatever fuel is used.

 

December, 2011

 Going forward, Government has identified LNG as the preferred fuel to replace oil as the primary fuel for generating electricity but expectations that this will substantially reduce fuel costs may be misguided. In the meantime consumers can take conservation measures to lower their electricity bills

December, 2011

 The benchmark study by the Jamaica Productivity Centre (JPC) on the Electricity Sector in Jamaica estimates that savings at least J$7.43 billion annually can be achieved if JPS reduces its system losses to the average loss recorded by 25 Latin American and Caribbean countries. An MSB-sponsored symposium on the study has elevated the debate on issues by demanding that stakeholders confront and address the evidence-based findings highlighted by the JPC

December, 2011

 The rise and fall of Ponzi Schemes such as those operated by Carlos Hill and David Smith has, naturally, raised sceptism of unregulated investment schemes. However, there are several non-traditional community-based savings and investment schemes that could be critically examined to see whether they could fill a need where they are licensed and properly regulated.

December, 2011

 While the Government is pre-occupied with resolving the differences with the IMF to smooth the way for the release of more funds under the Standby Agreement with the Fund, there are long run problems that are in need of far more policy attention. As with previous agreements with the IMF the “tyranny of the immediate” need to meet targets continues to place on the back burner long-term policy attention to social and economic development.

December, 2011

 Information and Communication Technologies will play an increasingly important role in Jamaica’s human and material development. This will require a range of policy interventions beyond creating infrastructure and providing new technology applications.

December, 2011

 Open Innovation, because of its ability to be agile and nimble and its capacity to harness global knowledge agents may be an alternative, parallel model for Jamaica to accelerate its progress towards Vision 2030.

 

 

December, 2011

 What exactly defines innovation, especially within the financial landscape? Intuitively, one understands that innovation is about creating something new. Within the financial landscape that would then mean creating and marketing new investment securities.

December, 2011

 Transformational leadership is about character, not marketing; and the measure of character is to be found not merely in who one claims to be but in the consistency and authenticity of asserted core values and the commitment that one has towards the ideals and values that he / she espouses.

December, 2011

Cloud Computing offers benefits such as lower costs and improved business agility but organisations must excercise due diligence in indentifying services to be outsourced, seleting service providers, and evaluating and mitigating security risk.

December, 2011

Electricity consumption is strongly correlated to GDP, making it the single best physical indicator of overall economic activity in a country; in genera, productivity growth is greater the lower the real price of electricity. While the debate rages about long-term alternative fuel source to expensive imported oil - LNG and coal are most often on the agenda- it is important that stakeholders, including the electricity operator, the regulator, the policymakers and consumers (business and residential) implement doable short-term measures like more rigorous regulation, cost efficiencies and conservation.

December, 2011

In any gathering, the vivacious soulful Kay Osborne is difficult to  ignore. An articulate, intelligent woman with strong convictions she is both aristocratic and “rootsy.”

March, 2011

In an increasingly competitive economic environment, firms have to devise and implement strategies to attract, compensate and retain talent in order to achieve business objectives. The challenge is particularly acute in the context of the current recession which puts companies under additional pressure to manage costs, including compensation. How are Jamaican firms, unions and workers responding to this challenge?

 

March, 2011

 The Junior Market of the Jamaica Stock Exchange was envisioned as a tool to allow businesses with a capital base of between $50 million to $500 million to access low cost capital by selling no less than 20% of the business to the public, comprised of at least 25 shareholders. Launched in 2008, the Junior Market has allowed several companies to raise nearly J$1 billion in less than 18 months and created a resurgence in Employee Share Ownership Plans (ESOPs).