Guyana’s Sugar: The Elusive Search for Economies of Scale

Globalisation and Sugar

Today’s truly fundamental defining feature of the condition of the Guyana sugar industry (and Guysuco more particularly), is that, several decades ago it became mature, and from all appearances since the 1960s, it has entered a long-run declining phase, as described in classic industrial and firm theories. Cane sugar production can no longer reclaim the glory that it had earlier enjoyed in Guyana and the Caribbean, when plantation/estate sugar production was emerging as the leading edge of capitalistic modes of development (especially the emergence of global transnational enterprises and their internationalisation) as world markets for goods, services, capital and finance were being rapidly created.  …..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 We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.