Linking Rule of Law and Trade Liberalization in Jamaica.pdf

Berkeley Journal of African-American Law Policy Volume 7 | Issue 1 Article 4 J anuary 2005 Linking Rule of Law and Trade Liberalization in J amaica Rachel J. Anderson Follow this and additional works at : /bjalp Recommended Citation Rachel J. Anderson, Linking R ule of Law and Trade Liberalization in Jamaica, 7 Afr.-Am. L. Poly Rep. 49 (2005). Available at : /bjalp/vol7/iss1/4 Link to publisher version (DOI) http://dx ./doi :10.15779/Z38Q03H This Article is brought to you for free and open access by the Berkeley Journal of African-American Law Policy at Berkeley Law Scholarship Repository. It has been accepted for inclusion in Berkeley Journal of African-American Law Policy by an authorized administrator of Berkeley Law Scholarship Repository. For more information, please contact jcera@. Linking Rule of Law and Trade Liberalization in Jamaica Rachel J. Anderson* TABLE OF CONTENTS INTRODUCTION 51 I. ECONOMIC DEVELOPMENT AND RULE OF LAW 54 A. Recent Trends in International Development 55 B. Rule of Law as a Key Factor for Effective Trade L iberalization 57 II. THE JAMAICAN POLITICAL ECONOMY-A HISTORICAL OVERVIEW 58 III. LINKING RULE OF LAW AND SUCCESSFUL TRADE LIBERALIZATION 65 A . Cycles of Governance 66 B. Jamaicas Vicious Cycle and Points of Intervention 68 IV. BENEFITS OF MODERN REGIONAL TRADE AGREEMENTS 74 A. Domestic Goals and Measures to Improve Governance 76 B. Advantages of Inititatives Such as the FTAA 78 V. POLICY RECOMMENDATIONS