TITLE

BMI Research: Latin America Monitor: Caribbean Monitor: Remittance Collapse To Hurt Growth

PUB. DATE
August 2009
SOURCE
Latin America Monitor: Caribbean Monitor;Aug2009, Vol. 26 Issue 8, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
This article offers an outlook for real gross domestic product (GDP) of Jamaica in 2009. Business Monitor International (BMI) expects a contraction in real GDP growth. BMI attributes the contraction to a decline in foreign remittances that will be a major contributor to falling private consumption. The firm notes that private consumption represents 83 percent of the country's GDP.
ACCESSION #
43184681

 

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