Economy
Kingston plays a central role in Jamaica's economy. The vast majority of economic activity takes place within Kingston, and as most government ministries are located in the city, it is a key force in legislation in regards to Jamaica's finances. The high population density of the capital city means that the majority of monetary transactions occur in Kingston - stimulating much of Jamaica's local economy. Many multinational conglomerates and financial institutions are headquartered in and around the Kingston Metropolitan Area. The Jamaican government has expressed a desire and as such, passed legislation to transform Kingston into an International Financial Centre. This IFC will most likely be located along the Kingston waterfront, and be a part of the wider revitalization and gentrification programme for Downtown Kingston.
Air Jamaica is headquartered in Kingston.
Read more about this topic: Kingston, Jamaica
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)