Life and Debt

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Life and Debt is a 2002 documentary film that explores the economy of Jamaica. The film digs deep into the help provided to Jamaica by the International Monetary Fund and the World Bank financial institutions that help developing countries by providing loans to them. These loans were meant to help the country with opening businesses, creating jobs, and increasing trades between Jamaica and other countries. However, according to the film, these economic reforms ended up hurting Jamaica, causing the country to be in $4.9 billion dollars in the debt. It is the theory of the film and filmmakers that the World Bank and International Monetary Fund are to blame for this debt. This film features various interviews with Michael Manley, the prime minister of Jamaica. He also blames the financial institutions for the increasing debt of his country. Life and Debt has won many awards including Best Documentary at the Jamaican Film Festival and the Audience Award at the 2002 Prague One World Film Festival.moreless
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