This book identifies an explanation of why the Jamaican Democratic Socialist experiment under Michael Manley in the 1970s appeared to have failed. It provides an analysis of income, revenue and public finances in Jamaica.

chapter 1|24 pages


chapter 3|33 pages

The Financing of Public Expenditures

chapter 4|30 pages

Patterns of Savings and Investment

chapter 6|31 pages

Public Expansion and Economic Growth

chapter 7|10 pages

Summary and Concluding Reflections