Why Guyana dodged the 2007-08 financial crisis?

Part 2


As noted in the previous article, the purpose of this series of columns is to explain why widespread contagion in the Guyana financial system did not follow the global financial crisis, which was precipitated by the US subprime meltdown. The World Bank and IDB noted, without much empirical evidence, that Guyana would have been adversely affected by a slowdown of remittance inflows. The task of this essay is to go beyond the …..To continue reading, login or subscribe now.

Join the Conversation

After you comment, click Post. If you're not already logged in you will be asked to log in or register.

The Comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit/delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity. We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.