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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)