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)
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)