[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108135-en":3,"doc-seo-108135-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108135,1099513958762,"Logic","https://ap-avatar.wpscdn.com/avatar/1000023916a998db790?x-image-process=image/resize,m_fixed,w_180,h_180&k=1784791008015729253",8,"Research & Report","Country Private Sector Diagnostic - Creating Markets in Jamaica - Repositioning for Private Sector-led Sustainable Growth","Country Private Sector Diagnostic for Jamaica outlines how structural constraints and concentrated economic activity have limited growth to under 1% annually over the last three decades. High public debt restricts government capacity to deliver complementary goods for expansion. The report proposes cross-cutting measures to reduce barriers to private investment, emphasizing agriculture and outsourcing services. It highlights potential for export-oriented high-value horticulture and ways to strengthen outsourcing competitiveness over the next three to five years.","Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized  \nPublic  \nCOUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN JAMAICA  \nRepositioning for Private Sector–led Sustainable Growth  \nExecutive Summary  \nMay 2022  \nAbout IFC  \nIIFC—a member of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets . We work in more than 100 countries, using our capital, expertise, and influence to create market s and opportunities in developing countries . In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impact s of the COVID-19 pandemic. For more information, [visit www.ifc. org](visit www.ifc. org).  \n© International Finance Corporation 2022. All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C . 20433 [www.ifc. org](www.ifc. org)  \nThe material in this work is copyrighted. Copying and /or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. The findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent .  \nPhotos: Cover, World Bank Group.  \nACKNOWLEDGMENTS  \nThis Country Private Sector Diagnostic was prepared by a team co-led by Denny Lewis-Bynoe (International Finance Corporation [IFC]), Rohan Longmore (World Bank), Thomas Haven (World Bank), and Priyam Saraf (World Bank). The team includes Maria Carolina Salazar Pardo (consultant); Luiz Felipe Almeida, Miguel Pereira Mendes, Tehmina Nawab (IFC); Arnau Gallard-Agusti (consultant, agriculture); and Rejo Sam (consultant, outsourcing services).  \nThe team is grateful for valuable insights, guidance, and technical inputs from: Christina Wiederer, Israel Osorio-Rodarte, Lamiaa Bennis, Michael Ferrantino (trade and logistics); Allen Forlemu, Fadwa Bennani, John Martin Wilson, José Ángel Villalobos, Maximilien Heimann (financial sector); Graciela Miralles, César Borja Galán Santos (competition); Andrew Beath, John Perrottet (tourism); Alejandro dela Campa, Amadou Dem, Christian Soto, Maria Paulina Mogollon, Nelissa Hines, Olivia Brouwer, Yago Larrey (investment climate); Arun Manuja, Deborah Watson, Leah April, Vinicius Lima Moura (governance); Himmat Singh Sandhu (digital development); Soulemane Fofana, Ashesh Prasann, Garry Charlier, Hira Channa, Jean Claude Balcet, Jose Masjuan, Leopoldo Sposata, Tania Kaddeche, Vincent Palmade, Winston Dawes (agriculture); Asha M. Williams, Clemente Avila Parra, Eliana Carolina Rubiano-Matulevich, Jose Romero (social protection and labor); Megan Meyer, Maja Murisic, Neha Mukhi, (energy and environment); Bevon Alvarez (infrastructure); Luciana Guimaraes Drummond e Silva, Michelle Ottey, Richard Cabello (public-private partnership); Ana Cristina Alonso Soria, Miguel Angel Jimenez Gallardo, and Sara Al Rowais (consultants).  \nThe team is thankful for the leadership, guidance, and support of Lilia Burunciuc (Country Director, World Bank), Mona Haddad (Global Director, World Bank), Tahseen Sayed (Senior Adviser, World Bank), Martin Spicer (Regional Director, IFC), Robert Taliercio (Regional Director, World Bank), Judith Green (Country Manager, IFC), Ozan Sevimli (Resident Represe","cbCaict08LiqDFmb","https://ap.wps.com/l/cbCaict08LiqDFmb","pdf",1640285,2,1,12,"English","en",105,"# Executive Summary\n## Purpose and scope\n## Macroeconomic and structural constraints\n## Priorities for private investment\n## Focus areas: agriculture and outsourcing\n## Export opportunity and competitiveness","[{\"question\":\"What is the report’s main purpose for Jamaica?\",\"answer\":\"It guides efforts to strengthen private sector participation in key sectors over the next three to five years and identifies ways to reduce constraints to private investment.\"},{\"question\":\"Which constraints are highlighted as limiting Jamaica’s growth?\",\"answer\":\"Structural constraints, highly concentrated economic activity, and high public debt that reduces government capacity to provide complementary public goods for growth.\"},{\"question\":\"What priority sectors does the report focus on?\",\"answer\":\"Agriculture and outsourcing services, including improving competitiveness and leveraging opportunities such as high-value horticulture 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