Jagdeo’s Economic Management: Is there anything to appreciate?

(Part 3)

In my previous column I noted that GDP grew at an average rate of 1.95% over the Jagdeo years. This was a quite tepid pace of growth. At this rate it will take Guyana about thirty-six years to double the size of GDP. This is a very long time for the people to wait. Had Jagdeo achieved an average of 7% growth, GDP would have doubled during his time as President (actually in 10 years). The economy remained structurally dependent on a few primary products like gold extraction, unprocessed price, …..To continue reading, login or subscribe now.

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