JAMAICA: NEED FOR ASSISTANCE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85T00287R000102610002-2
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
3
Document Creation Date: 
December 22, 2016
Document Release Date: 
August 19, 2010
Sequence Number: 
2
Case Number: 
Publication Date: 
November 17, 1980
Content Type: 
MEMO
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PDF icon CIA-RDP85T00287R000102610002-2.pdf95.86 KB
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Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2 SECRET CENTRAL INTELLIGENCE AGENCY NATIONAL FOREIGN ASSESSMENT CENTER MEMORANDUM JAMAICA: Need For Assistance -leverage-to-avert further political deterioration. In the longer tezz~rn, hoca---- ever, both ZocaZ and international experts agree that substantial Western assistance--fast-distrcrsing aid for the current fiscctt year--will be essential for political stability and eeonomZC recovery on the troubled island over the next four or five years. (S) Seaga's overwhelming election mandate gives him the Seaga's Problems and Prospects Seaga's election has improved prospects for Jamaica's recovery across the board. Although the government is virtually bank they into arrears on its foreign debt Seaga will have widespread support. for a near erm.among a private sector, organized labor small farmers, the security forces, and the international finan- cial community. As .he formulates and begins to implement his 25X1 This memo was prepared by John Gannon of the Office of Economic Research and the Latin America Division of the Office of Political Ana ysZS. ? was coordinated with the Nationat Intelligence Officer for Latin America. This memorandamt ryas requested by the National Security Adviser to the President. Questions and comments may be addressed to Chief, Latin America Division, 25X1 Duplicate of SECRET 005514157: R I P Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2 ., Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2 SECRET recovery program over the next few months, local opposition groups probably will have little success in capitalizing on continuing economic hardship across the country. (S) The Longer Term ~ ~ _ - Despite their current euphoria, Seaga's supporters will tol- erate only a short"honeymoon;" they have high expectations of "deliverance" from the eight years of negative economic growth under the Manley government. To consolidate his position, Seaga will have~to quickly translate his popularity among the local business community into increased confidence among Western aid donors and gradually among foreign investors. (S) 2 SECRET Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2 Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2 a SECRET 3 SECRET will largely determine the stability of his government. His first crisis will be precipitated by powerful unions resisting further cuts in real wages under a new IMF program. Eventually, any strains in Seaga's government will benefit the pro-Cuban left, which is certain to regain its political influence if Seaga's moderate course does not lead visibly to economic recovery. (S) ~ .. Seaga's success in convincing ~~Tas ington an of er es ern onors to provide increased assistance both in the near and long term Sanitized Copy Approved for Release 2010/08/19: CIA-RDP85T00287R000102610002-2