Fri | Sep 21, 2018

Stories by Dr Andre Haughton

Published:Wednesday | September 19, 2018 | 12:00 AMDr Andre Haughton

The traditional role of the central bank appears to be evolving in modern macroeconomics. Monetary policy from the central bank was once responsible for acting as a counterbalance to fiscal policy to aid the government to achieve its objectives. The...

Published:Wednesday | September 5, 2018 | 12:00 AMDr Andre Haughton

The Bank of Jamaica (BOJ) continues with the Inflation Targeting strategy, let us explore why, as well as the advantages and disadvantages of doing so.Elements of inflation targetingAccording to Mishkin (2001) in order for the strategy of inflation...

Published:Wednesday | June 27, 2018 | 12:00 AMDr Andre Haughton

The Jamaican dollar has depreciated to more than $130 to US$1 again. The price of the US dollar rose to an all-time high, selling for an average price $132 to US$1 and has remained above $...

Published:Wednesday | May 30, 2018 | 12:00 AMDr Andre Haughton

Economic growth in the Caribbean and Latin America is expected to increase to about 2.7 per cent on average by 2020, aided by an improvement in global economic conditions and commodity export prices. Possible...

Published:Wednesday | March 28, 2018 | 12:00 AMDr Andre Haughton

Last week, the prime minister gave his contribution to the Budget Debate for the 2018-2019 fiscal year. Mr Holness declared that he had brought his family to Parliament, whichshould indicate his long-term commitment to the nation. His speech was in...

Published:Wednesday | March 21, 2018 | 12:00 AMDr Andre Haughton

The budget Debate continues and Dr Peter Phillips, leader of the Opposition People's National Party, delivered his budget rebuttal, titled Empowering the People restoring Hope.Where was Phillips' main focus?Dr Phillips main focus was on Jamaica's...

Published:Wednesday | March 14, 2018 | 12:00 AMDr Andre Haughton

For the first time ever, to the best of my knowledge, the Government has tabled a Budget without implementing new tax revenue measures. Traditionally, we take it as a norm for the government to add a new tax category or increase tax on...

Published:Wednesday | February 28, 2018 | 12:00 AMDr Andre Haughton

Jamaica's pursuits to increase its per annum economic growth rate is somewhat dependent on the country's ability to maintain macroeconomic stability and measures in place to effectively monitor and manage its...

Published:Wednesday | February 21, 2018 | 12:00 AMDr Andre Haughton

An estimated $773 billion is expected to be spent by the Government during the next fiscal year (FY) as the items of expenditure for the 2018-2019 Budget has been tabled by the Ministry of Finance and the Public Service. The projected expenditure...

Published:Wednesday | February 14, 2018 | 12:00 AMDr Andre Haughton

As we prepare to hear this year's Budget Debate, it is important to remember how the process unfolded last fiscal year. This, in an attempt to get an understanding of the priority areas of spending as well as the country's main sources of revenues...

Published:Wednesday | February 7, 2018 | 12:00 AMDr Andre Haughton

Over the last four months, the Jamaican-to-US dollar exchange rate has appreciated by approximately 4 per cent, and is now at approximately j$125 to US$1, indicating that a new exchange rate landscape might be on the horizon. The University of the...

Published:Wednesday | January 31, 2018 | 12:00 AMDr Andre Haughton

The World Economic Forum has outlined that the top five risks that are most likely to occur in 2018 are extreme weather conditions, natural disasters, cyberattack, data fraud or theft, and failure of climate change mitigation and action. Meanwhile,...

Published:Wednesday | January 24, 2018 | 12:00 AMDr Andre Haughton

Crime and violence has had minimal impact on tourism in the Second City, although the violent habits of some of the residents of Montego Bay are becoming overwhelming. The crime as well as a state of emergency can sometimes be very costly to...

Published:Wednesday | January 17, 2018 | 12:00 AMDr Andre Haughton

The Jamaican stock market continues to improve on a yearly basis, and can help to improve your earnings if you learn how to invest wisely. It has brought lucrative returns to many investors and is expected to continue to do so over the foreseeable...

Published:Wednesday | January 10, 2018 | 12:00 AMDr Andre Haughton

Every country wants to increase economic growth on a consistent basis, but many people are unaware of how economic growth is achieved.Economic growth, in simple terms, is really an increase in the real value of what a country produces this year...

Published:Wednesday | January 3, 2018 | 12:00 AMDr Andre Haughton

The year 2018 is one of endless possibilities for many countries that are desperate to increase economic growth, maintain stability, reduce poverty and reduce income inequality. Despite many attempts over the last four decades by many developing as...

Published:Wednesday | December 20, 2017 | 12:00 AMDr Andre Haughton

More than four million tourists have visited the island since the start of the year. Tourism appears to be booming and the Government is making plans to further expand the sector to facilitate the demand for the...

Published:Wednesday | November 29, 2017 | 12:00 AMDr Andre Haughton

Today's Briefing is a tribute to the late Professor Claude Packer.The members of the Department of Economics, University of the West Indies, Mona campus, pay tribute to the late Professor Claude Packer, former head of the department.Professor Packer...

Published:Wednesday | November 1, 2017 | 12:00 AMDr Andre Haughton

Inflation targeting is the process through which a central bank establishes a targeted rate of inflation for a particular period of time and employs its monetary policy instruments to achieve this target through...

Published:Wednesday | October 18, 2017 | 12:00 AMDr Andre Haughton

Capital flow refers to the movement of money in and out of a country for the purpose of investment, trade, commerce and production. Developing countries with the correct capital flow legislation/...

Published:Wednesday | October 11, 2017 | 12:00 AMDr Andre Haughton

The world is constantly evolving. Now more than ever, countries and their bi-lateral partners are beginning to realise more and more that there are no one-size-fits-all approach to positive economic transition and country-specific idiosyncrasies...

Published:Wednesday | August 30, 2017 | 12:00 AMDr Andre Haughton

Economic growth in Caribbean and Latin American countries is expected to increase by approximately 2.6 per cent in 2017 after experiencing slower aggregate growth in previous years. Gross Domestic Product (GDP) has been low for the region in...

Published:Wednesday | August 23, 2017 | 12:00 AMDr Andre Haughton

According to STATIN, inflation for the month of April 2017 was approximately 0.3 per cent, and it fell further to 0.1 per cent in May but displayed a clear structural shock, spiking to 0.7 per cent in June and 0.6 per cent in July...

Published:Wednesday | July 19, 2017 | 12:00 AMDr Andre Haughton

Any country that has managed to transition itself from developing to developed in this hostile global geopolitical environment has done so by providing the platform to facilitate a balanced distribution of resources and...

Published:Friday | July 14, 2017 | 12:00 AMDr Andre Haughton

Reggae Sumfest, the Greatest Reggae Festival on Earth, is a week away. Under the theme 'Our Music, Our Festival', the 25 anniversary will be a celebration of Jamaican music. Local and international...

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