Government is huge in the economy

Guyana and the Wider World

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Last week I described the three categories of government expenditures which feature in measures of these, if we are to make a reasonable determination of the size and likely impact of government activity on the economy.  These are 1) central government expenditures; 2) the expenditure of public enterprises; and 3) tax expenditures.  There is very little data on tax expenditures for Guyana, so that the estimates …..


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