After 45 years of independence Jamaica is still deeply in debt
Mr. Frank A. Phipps, Q.C, Chairman of the Farghuarson Institute
Now we are deeply in debt, generally demoralised and abjectly pleading for outside assistance and guidance in most of the vital areas of our existence. The country has been gradually retreating from the ideals of self-reliance...
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The Farquharson Institute of Public Affairs expresses deep concern about the deteriorating sense of national pride and the evident admission by the country's leadership that we are increasingly unable to operate as a fully independent country.
It is now 70 years since we first declared for self-government, and 45 years since we took on responsibility for governing our own affairs. Now we are deeply in debt, generally demoralised and abjectly pleading for outside assistance and guidance in most of the vital areas of our existence. The country has been gradually retreating from the ideals of self-reliance, and our government appears to be frustrating this objective by borrowing, begging and using the proceeds to import goods and services that we should be providing for ourselves.
In days long before the declaration of independence, W G McFarlane, one of the pioneers of the Jamaican self-government movement, described Nationalism as "the creative spirit of national unity and declared that no people can be a nation of any importance without this highly developed consciousness". The Institute shares this view and urges a regeneration of the spirit that first inspired the call for independence. The challenge is not overwhelming because, even before 1960, Norman Manley made reference to the fact that, ".time was when this colony had it in its power to lead all if the lesser colonies of the empire on the march to self-government, for early were our cries, great our opportunities and plenty were the hands ready to essay the task."
The Institute takes note of the successful policy of Jamaicanisation, which began in the Jamaica Labour Party's administration of the 1960s. It brought about Jamaican ownership and control of banks, insurance companies and commercial and industrial entities. Today it should be cause for alarm that this programme is now in reverse and the trend indicates a retreat from national responsibility. The commanding heights are under siege and even the former Workers Bank, built by the workers and peasants who put their faith and funds in the old Government Savings Bank, is now in the hands of foreigners. After 45 years of self-government, Jamaica is unable by itself to control, operate and provide such essential services as electricity and telecommunications. We are heavily dependent on foreigners to control crime, to advise on the repairing of a defective justice system, to operate our 48-year-old airline and to regulate the collection of taxes.
We have even reached the stage where our Minister of Finance is obliged to side-step our sovereignty to declare that he cannot share vital information with the Jamaican people and Parliament because of restrictions by Security and Exchange Commission regulations laid down by the United States! Major sectors of industry, including mining and cement production are now in foreign hands; and so are many financial institutions such as banking and insurance. Even national heritage sites such as the Rockfort Mineral Baths and the Cockpit Country are controlled or under threat of control by outside interests.
Our major airport at Montego Bay is run by imported management and personnel. The country continues to be more dependent instead of more independent in the production of food; and despite having arable land, good rainfall, rivers and an army of idle hands, we are not only unable to feed ourselves, but have also fallen short where we were once able to fill export quotas for traditional products.
This diminishing state of self-reliance extends to the field of sports, where we implicitly admit an inability to coach football and cricket teams. While there is expanding activity in the field of construction, we are playing less of a leadership role in managing large projects such as hotels, road building and stadiums, including one at Sligoville, Jamaica's historically important first free village after slavery.
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