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About this sample
About this sample
Words: 691 |
Pages: 2|
4 min read
Updated: 16 November, 2024
Words: 691|Pages: 2|4 min read
Updated: 16 November, 2024
Life and Debt, a film by Stephanie Black, reveals the darker side of Jamaica that tourists and foreigners do not typically witness in their daily lives. This less visible side is represented by the struggling economy and its impact on the citizens of the country. Jamaica is no longer in control of its own destiny; instead, it is influenced by economic decisions made by the United States and other foreign powers. This economic downfall has been exacerbated by globalization impacting a small and still developing nation. The film illustrates how life in Jamaica is not as it appears to outsiders, from the massive debt caused by the IMF (International Monetary Fund) and the World Bank to the inability to create and maintain key sectors essential for a self-sustaining future (Black, 2001).
The documentary, created in 2001, traces its roots back to when Jamaica gained independence from Britain in 1962. The underlying problem began with the 1970 energy crisis, when fuel-based import prices soared, forcing the country to take out a loan to cover these exorbitant costs. In 1976, private banks were unwilling to provide such a loan, so Jamaica turned to the World Bank and the IMF. This marked the start of a significant downturn. Initially, the Jamaican government aimed to devise a long-term strategy that would create a self-sustaining environment and boost the economy. However, the IMF insisted on a short-term repayment plan, which involved cutting funding in critical areas such as healthcare, local agricultural development, and education (Black, 2001). These areas are vital for any country aiming to ensure longevity for its citizens. With no other option, the Jamaican government agreed, marking the beginning of a grim period for Jamaica's citizens.
Once the government accepted the loan, they were compelled to devalue their currency, increasing dependence on imports rather than local products. This had a profound impact on Jamaican citizens and small business owners. The film illustrates the devastating effect on the agricultural sector, highlighting how farming villages that once supplied food locally have nearly vanished due to heavy reliance on U.S. food imports. Additionally, the influx of powdered milk imports has devastated Jamaica's dairy industry. The film further explores the ruin of farm animal enclosures, paralleling the destruction of farmland. Even chicken farms have been obliterated by the importation of low-quality chicken from the United States. Jamaica's last hope lay in banana exports, but even here, they were outcompeted by countries offering cheaper produce to importers. With its agricultural sector decimated, Jamaica is now entirely dependent on imports from other countries, making it nearly impossible to reestablish a once-thriving agricultural industry (Black, 2001).
The film features a scene where a tour guide warns vacationers about the potential dangers posed by thieves lurking in the streets. The proliferation of theft is a consequence of Jamaica's inability to create a viable job market, driving citizens to prey on unsuspecting tourists. Ironically, this has led to growth in the private security sector, which is expanding rapidly due to the high number of thieves. While all countries, regardless of wealth, have some level of crime, the sole sector currently expanding in Jamaica is private security. This is a significant warning sign, indicating that citizens have abandoned their moral compass and resorted to theft to feed their families. This scenario underscores a deeply failed economy, one that has failed to provide for its people and has led to a breakdown in social order (Black, 2001).
Life and Debt serves as a poignant reminder of the complexities and challenges faced by developing nations in a globalized world. The film offers a critical examination of the impact of international financial institutions on Jamaica's economy and the resulting social repercussions. It calls for a reevaluation of economic policies that prioritize short-term gains over long-term sustainability, urging viewers to consider the human cost of economic decisions (Black, 2001).
References
Black, S. (Director). (2001). Life and Debt [Film]. New Yorker Films.
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