Executive director of the Caribbean Policy Research Institute (CAPRI) Dr Damien King has cautioned that Jamaica’s achievement of macroeconomic stability should not be seen as an end in itself, but rather a springboard for realising economic growth.

Dr King was part of a panel discussion during the Private Sector Organisation of Jamaica (PSOJ) President’s Forum held on Tuesday exploring the theme ‘Beyond Macroeconomic Stability; Igniting Growth’.

The other members of the panel were Charles Ross, chairman, president and CEO of Sterling Asset Management Limited; Terry-Ann Segree, strategy, programming and innovation lead officer at Inter-American Development Bank (IDB); and Wilfred Baghaloo, deals lead, PricewaterhouseCooper Jamaica. The moderator was Eva Lewis, country officer & corporate bank head, CITI Jamaica.

Pointing to the aptness of the theme, Dr King noted that the premise underlines that “now that we have economic stability, what do we need to get economic growth? And it seems to imply that stability is something we want to have for its own sake rather than stability is the key and possibly a sufficient condition for economic growth.”

https://www.jamaicaobserver.com/business/psoj-panel-explores-economic-growth/

The economist also