Why Guyana dodged the 2007-08 financial crisis?

Part 2

Introduction

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.



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