Winston Donald is a Fine Art Gallery Operator, Cultural Practitioner and Newspaper Columnist.
The last 15 years has seen a tremendous growth and progression in income of the Jamaican middle class. Despite the economic doldrum over the island and fall off of traditional industries, individuals and families in the middle income strata have experienced more wealth than any other time in Jamaican history. The middle and upper class has never had it so good. To deny the financial benefits gained would be tantamount to heresy. The liberalization of the economy, globalization, achievement of tertiary education and generally exposure to the previously hidden economies have benefited the Upper and Middle Class significantly.
Suddenly with their professional skills, newly achieved business acumen, and talents many have found their coffers awash with cash, heavy cash in many cases. Cash, liquidity, large disposable incomes were able to acquire stately homes in exclusive neighborhoods, fine and sophisticated furnishings, and horde of Japanese, American and European motor vehicles. Wealth has also been diverted to acquire government papers, L.R.S.’s , = eurobonds, alternative investments and other securities, yet an excellent and non risky investment overlooked has been Jamaican Art.
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