Even then, Williams questions whether it suits Jamaica.
"Orthodox economics say we really shouldn't manufacture anything in Jamaica," said the deputy executive director of Mona School of Business and Management at the University of the West Indies (UWI).
Those who manufacture locally encounter significant challenges.
"We have a very punishing interest rate; inescapable and exorbitant energy fees, very punitive labour laws, a benign doing business environment and security costs," Williams said.
http://www.jamaicaobserver.com/busin...aica-_16675173
"Orthodox economics say we really shouldn't manufacture anything in Jamaica," said the deputy executive director of Mona School of Business and Management at the University of the West Indies (UWI).
Those who manufacture locally encounter significant challenges.
"We have a very punishing interest rate; inescapable and exorbitant energy fees, very punitive labour laws, a benign doing business environment and security costs," Williams said.
http://www.jamaicaobserver.com/busin...aica-_16675173
Comment