JAMAICA scored worst in terms of access to credit and third worst in terms of innovation among nearly 60 developing nations, according to a recently released World Bank study on entrepreneurship.
The island under-performed the rest of the Caribbean, Latin America, Eastern Europe and Central Asia in the study entitled “Latin American Entrepreneurs, Many Firms Little Innovation”.
“The Latin American economies… tend to be above the median and in most cases near or above their predicted shares,” stated the report. “Some notable exceptions are several small Caribbean economies plus Jamaica and Mexico.”
Published in the Jamaica Observer
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