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Life and Debt

Life and Debt (2001)

Documentary | 80 minutes

3,30 5 votes

Genre: Documentary

Duration: 80 minuten

Country: United States

Directed by: Stephanie Black

Starst: and Belinda Becker

IMDb score: 7,4 (1.059)

Releasedate: 22 April 2001

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UK

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Life and Debt plot

In the 1970s, Jamaica made an agreement with the IMF that, in exchange for a sum of money, it would lower its import restrictions, remove export subsidies, devalue the currency and curb government spending. This proved to be a noose for the export of carrots, bananas and milk; once an important part of the Jamaican economy. In addition, the agreed cutback on government spending made long-term solutions for health care, infrastructure and education impossible.

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Belinda Becker

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