Why are We So Poor in Jamaica
These two articles by Keit hCollister had me really thinking.
What has gone wrong with our country, that puts us at among the poorest countries in the region?
He gives the example of Ireland, and what they did to kcik-start their economy, including removing the red tape and tax structure that made it hard to do business.
And make no bones about it, doing business here is hard. I am in the process of setting up my first Jamaican company and it appears that I must visit at least five offices in order to get the requisite registrations done. This, after first applying to set up the company in December of 2006.
If the process were faster, I could be well on my way to earning and income in this business and paying taxes. Others might just have given up and decided to underground, or even to try another country altogether.
While the British left us some fine traditions, the bureaucratic mindset they left with us is something that they are eagerly shedding, and we are only just considering to be an impediment.
The first article is here.
The second article is here.