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Devising a workable housing policy in a country with apparently insurmountable housing problems, presents a great challenge. With the help of an award from UN-HABITAT, Zambian authorities attempted to do just this, in a process which is an ideal candidate for scrutiny. This study analyzes the goals, means and instruments that were used to formulate the policy, as well as its planned implementation. It examines whether the policy could have achieved its goals had it been implemented, and represents a valuable addition to the body of knowledge which can help to evaluate the potential for success ...
This collection of essays represents the first in-depth, scholarly treatment of housing policies and conditions throughout the Caribbean. The contributors consider both the performance of the state and the autonomous activities of the poor, making this volume an invaluable contribution to future planning and debate.The essays, each dealing with a specific island or group of islands, collectively address four main themes: the history of housing provision since colonization, current housing conditions, state policies toward housing provision, and the changing relationships between governments, international funding agencies, the private housing sector, and the peoples' responses. These investigations not only highlight the often alarming problems that Caribbean nations face in providing adequate housing for the poor but also implicate governments in past and present failures and poor performances. However, the essays are also filled with useful insights about the ways in which progressive housing policies can be formulated and implemented. For example, the volume suggests that the Caribbean's rich heritage of folk and vernacular architectural styles should be taken into serious account in future planning efforts.In a concluding synthesis chapter, the volume editors argue that a more progressive future is attainable if all parties exhibit the political will that the poor have already demonstrated.
First Published in 2004. Housing policies and programmes tend to result from political expediency, rather than a rational and informed analysis of the situation and the demands of individual households for housing. Housing the Poor in the Developing World aims to show how methods of analysis can be used to improve efficacy and equity in housing projects and policies, with analysis designed for local circumstances. This book is aimed at satisfying the need to bring together methods of analysis from several disciplines which can be applied to housing. Each method is presented and illustrated with a case study to show how it can be used to inform housing policy in a wide range of countries in all parts of the developing world.

Jamaica

International Monetary Fund. Monetary and Capital Markets Department

Published: 2018-12-03

Total Pages: 87


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The macroeconomic environment has improved, reflecting the authorities’ efforts, supported by an IMF arrangement. Previously, years of high fiscal deficits, public enterprise borrowing, and financial sector bailouts led to rapid government debt accumulation, crowded out private credit, increased financial dollarization, and stifled economic growth. Fiscal discipline has been essential to reduce public debt (to about 100 percent of GDP). With government debt accounting for a sizable share of financial institutions’ assets, falling interest rates on government debt are leading to a search for yield. Also, entrenched structural obstacles, including high crime, bureaucratic processes, insufficient labor force skills, and poor access to finance still constrain economic growth. The authorities have made good progress in implementing the 2006 FSAP recommendations. Work on the regulatory framework has significantly advanced in several areas such as securities dealers’ activities, powers to the Bank of Jamaica (BoJ), payment systems, and the introduction of the centralized securities depository. However, the crisis management framework and risk-based supervision work has been lagging.