Trade and the international monetary system

Global trade

The Guyana economy grew an average of 4.5 per cent over the period 2010 to 2013.  It started to lose steam in 2014, but continued to grow, albeit at a slower pace than before. Without a detailed study of the cause of the slower growth, people will pick and choose their own reasons for the slow pace of Guyana’s global trade. It might be caused by high levels of income inequality or some other factor, but one thing that is known is that Guyana depends heavily on international trade to keep its economy buoyant.