Author Bios

Densil A. Williams

Densil A. Williams is senior lecturer in International Business and Head of Department, Department of Management Studies at UWI, Mona.

Aritcles by this author:

  • The Global Competitiveness Report makes for uncomfortable reading: Jamaica’s competitiveness position has slipped from 63 (in 2006) to 101 (in 2011). Although the number of countries ranked in 2006 moved from 117 to 142 in 2011, Jamaica’s competitiveness position has deteriorated. This decline is manifested in the weak economic growth and, in some cases, negative growth that the economy has experienced over the last four decades and even more-so over the last five years.

     

  •  If small firms are to fulfil their mandate as creators of jobs and wealth for the masses, government as well as multilateral institutions and stronger private sector institutions must adopt a coherent set of policies including managerial training and creative ways to provide collateral for loans. These will ensure increased lending to small firms while reducing risks to the banks.