Jamaica's debt reached $4.6 billion after the International Monetary Fund imposed structural adjustment policies that failed to stabilize the economy.
Synopsis
Jamaica's debt reached $4.6 billion after the International Monetary Fund imposed structural adjustment policies that failed to stabilize the economy.
Go deeperSynopsis
Michael Manley, a former Prime Minister of Jamaica, critiques the structural adjustment policies imposed by the International Monetary Fund and the World Bank in the documentary Life and Debt. The film presents the economic struggles faced by Jamaicans after these policies led to significant debt, totaling $4.6 billion. It features interviews with local farmers and workers who describe their experiences in the Jamaican Free Zones, often likened to sweatshops. The documentary begins with an essay by Jamaica Kincaid, setting the stage for a discussion on globalization's effects on the island.
Deep Dive
Why Watch
- See Michael Manley's critique of IMF policies.
- Find out how globalization affected Jamaica's economy.
- Meet workers from Jamaican Free Zones and hear their stories.
Did You Know
- Jamaica accrued $4.6 billion in debt due to IMF policies.
- Michael Manley critiques IMF policies in interviews featured in the film.
- The film won the Special Jury Prize at the 2004 Festival International du Film Insulaire.
Perfect For
Frequently Asked Questions
What is the debt amount Jamaica has due to IMF loans?
Jamaica is left with $4.6 billion in debt as a result of IMF loans.
Who directed the documentary Life and Debt?
Life and Debt was directed by Stephanie Black.
What rating did Roger Ebert give to Life and Debt?
Roger Ebert gave the movie a three out of four-star rating.
Awards & Festivals
What are people saying?
Play More Like This
Related Films
Is this your film?
If you made this film or hold the rights to it, we'd like to talk. We can license it and pay you a share of what it earns.
Comments