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Jamaica
gained full independence within the British Commonwealth in 1962. Deteriorating
economic conditions during the 1970s led to recurrent violence and a
drop-off in tourism. Elections in 1980 saw the democratic socialists
voted out of office, and a more conservative government installed. Political
violence marred elections during the 1990s.
Agriculture is the basic industry of Jamaica. As the island possesses
a wide variety of soil and climate, nearly every tropical product can
be grown here. The chief economic crops are sugar, bananas, citrus,
cocoa and coconuts, each of which is dealt with below in detail. Not
one of the major crops of he island is indigenous. Sugar cane, coconut,
rice and ginger were introduced
into the island from Far Eastern countries, bananas from the Canary
Islands, cocoa from South Jamaica is the largest of the English Speaking
West Indian islands. It has an area of 11,424 square kilometers (4,411
square miles), more than twice the area of Trinidad, which is next in
size, and measures 243 kilometers (146 miles) from east to west. Its
greatest width is 80 kilometers (51 miles), from St. Ann's Bay to Portland
Point. Today, tourism is considered Jamaica's second most important
earner of foreign exchange. Stores, restaurants, transportation, and
many other activities that cater to tourists also provide direct employment
in the industry.
The economy of Jamaica is primarily agricultural, but gains in mining,
manufacturing, and tourism have diversified the economy. Annual budget
figures for 1990-1991 showed about $600 million in revenues and $736
million in expenditures. In 1999 Jamaica's gross domestic product (GDP)
was $6.89 billion, or about $2,650 per capita. In 1999, 6.5 billion
kwh of electricity was produced.
Tourism is vital to the economy and provides a large portion of foreign-exchange
earnings. In 1999, 1.2 million people visited the island, contributing
$1,233 million to the economy.
In 1999 the employed labor force exceeded 1.4 million. The main trade
unions included the National Workers' Union of Jamaica (NWU) and the
Bustamante Industrial Trade Union (BITU). The NWU had 102,000 members;
the BITU more than 100,000. Each union was closely identified with one
of the two main political parties: the NWU with the People's National
Party and the BITU with the Jamaica Labor Party.
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