The creation of the Free Zones was supposed to encourage foreign investment and international trade without taxes and custom duties with exporting and importing resources.
The establishment of "free trade zones" have destroyed local agriculture in Jamaica. For instance, the local dairy industry collapsed due to the import of powdered milk from the United States because it is cheaper than regular milk. Which eliminates the need for Jamaican farmers
Hello, I represent IMF. My business's main goal is to promote currency devaluation, lower wages, and balancing the usage of money. I hope to reduce Jamaica's inflation by balancing national loan payments and free market imports.
haha jokes on both of you silly companies, your policies were supposed to integrate us into the global market, instead, you just made us suffer even more. "taking our money doesn't help"
Hello, I represent the World Bank. My business's main goal is to offer loans, grants, and other financial products to promote financial growth in low-income countries.
I have to work so hard in order to feed my family. I stay outside planting crops every day and I barely make a dollar, all these developed countries are using their new technology in order to outrule us. Even though developed countries have tried to help us with all these loans, nothing is getting better. Jamaica is still in economic depression.
Since I came from a developed country, United States. I am given enough money and job opportunities that make it possible for me to go to a different country and feel so rich after I convert my American dollars to Jamaican dollars due to high inflation rates.