Prime Minister Holness is on to something with his thesis of Efficiency as a Resource. Jamaica’s low and anaemic economic growth for the better part of 64 years since independence left us searching for the right mix of policies to improve economic growth performance.

High and sustained levels of economic growth have eluded us despite strong performance in macro-economic stability over the last 15 years. It is clear, there has to be a stronger focus on the economic ecosystem beyond fiscal and monetary issues. PM Holness argues that efficiency as a resource has to be brought into the equation. Inefficiency robs the country of valuable time that could be used to increase value added output which eventually, leads to higher economic growth. The efficiency discourse is worthy of thought among the economic players and actors.

WHY EFFICIENCY MATTERS