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

(Part 3)

Introduction
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.



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 We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.