Is Jamaica a sitting duck? See where it ranks in resilience - you won't believe the results!

In a world where uncertainties loom large, the concept of resilience stands out as a beacon of hope for nations striving to weather various storms. The ability to bounce back stronger after facing misfortunes is crucial for economies, infrastructures, and societies to thrive. Jamaica, like many other countries, is on a journey towards building resilience in the face of challenges.

Here are some key points to consider in the quest for resilience:

Resilience in the Global Arena: Prime Minister Dr Andrew Holness recently emphasized the importance of resilience during the Global Tourism Resilience Conference. Efforts to build fiscal resilience and self-reliance are critical in strengthening the country’s foundation amidst global uncertainties.
FM and the World Resilience Index: FM, a renowned property insurer, publishes the World Resilience Index, capturing the relative resilience of countries’ business environments. The index serves as an international benchmark, measuring a country’s resilience based on 18 factors ranging from corruption control to climate exposure.
Jamaica’s Resilience Ranking: Jamaica’s overall resilience ranking, with a score of 39.2 points, positions it at 107 out of 130 countries. While the country has made progress in some areas like climate change exposure, there’s still room for improvement in physical risks like climate and seismic exposure. Strengthening cybersecurity and fire risk quality are also key areas to focus on.

As Jamaica navigates its resilience journey, it is crucial for policymakers, business leaders, and the general populace to be aware of the significance of building a strong foundation to withstand and recover from various disruptions. The upcoming elections present an opportunity for political leaders to prioritize resilience as a key goal for the nation’s development.

In a world where uncertainties abound, resilience shines as a guiding light towards a stronger, more sustainable future. Let us all work together towards building a more resilient Jamaica for generations to come.