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<JAMAICA scored worst in terms of access to credit and third worst in terms of innovation among nearly 60 developing nations, according to a recently released World Bank study on entrepreneurship.
The island under-performed the rest of the Caribbean, Latin America, Eastern Europe and Central Asia in the study entitled "Latin American Entrepreneurs, Many Firms Little Innovation".
"The Latin American economies... tend to be above the median and in most cases near or above their predicted shares," stated the report. "Some notable exceptions are several small Caribbean economies plus Jamaica and Mexico."
Less than 10 per cent of Jamaican firms under five years old have "actual and benchmarked access to credit", compared to 50 per cent in Trinidad & Tobago, according to the study's tables.>
Economic Malpractice is a b i t c h...
How is that enquiry coming along BTW ?
Karl.. what is the latest ?
The island under-performed the rest of the Caribbean, Latin America, Eastern Europe and Central Asia in the study entitled "Latin American Entrepreneurs, Many Firms Little Innovation".
"The Latin American economies... tend to be above the median and in most cases near or above their predicted shares," stated the report. "Some notable exceptions are several small Caribbean economies plus Jamaica and Mexico."
Less than 10 per cent of Jamaican firms under five years old have "actual and benchmarked access to credit", compared to 50 per cent in Trinidad & Tobago, according to the study's tables.>
Economic Malpractice is a b i t c h...
How is that enquiry coming along BTW ?
Karl.. what is the latest ?