How to cut government debt, with Robin Wigglesworth
Jamaica’s economy was chronically mismanaged. Until it wasn’t. What happened?
Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Jamaica’s economy struggled for decades, and at one point it had amassed debts worth more than 140 per cent of GDP. Even the IMF wouldn’t return its calls. But somehow, in the 2010s, it managed to halve its government debt – over just seven years. Today on the show, we ask how they did it, and what lessons Jamaica can teach much larger economies.
Soumaya Keynes writes a column each week for the Financial Times. You can find it here
Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.
Comments