Life & Debt Essay -- Economics Film Poverty Jamaica Essays

lifespan & Debt The documentary Life and Debt portrays a true example of the impact sparing globalization can have on a developing country. When roughly Americans think about Jamaica, we think about the beautiful beaches, warm weather, and congenial people that make it a fabulous vacation spot. This movie shows the come in a different light, by showing a pressuring conundrum of debt. The everyday survival of many Jamaicans is based on the economic decisions of the join States and other powerful foreign countries. The film opens with camera shots portraying Jamaica as the beautiful and cargonfree place that most Americans view it as. The vast majority are oblivious to the fact that the delicious food they indulge in on their voyage probably came off a ship from Miami. In the 1970s, the countrys former prime minister signed a loan agreement which ultimately led Jamaica to over four billion dollars in debt to the World Bank and IMF. This ultimately caused a sinking economic sy stem of low valued imports and sweatshops are destroying local businesses and agriculture. In the video, we see workers who are working gruesome six-day-a-week work schedules to receive the legal minimum enlist of only $30 in US money for the entire week. umteen women have protested against the poor compensation, and have been fired from their jobs being placed on a blacklist preventing them from ever getting work again. The countrys ports are lined with the factories of high profile companies, ...