Author Archive


  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, January 4, 2009 | 0 Comments


    How is the crisis being transmitted to Caricom?
    In the space of a couple of months and with breathtaking speed, what began as the bursting of the private housing market bubble in the United States, has …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, December 28, 2008 | 0 Comments


    How will future economic growth be affected?
    V, U, or L-shaped growth curve
    Following last week’s column, I shall discuss this week the impact of the financial crisis and credit crunch on the prospects for economic growth …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, December 21, 2008 | 0 Comments


    From financial crisis to real economic crisis

    Two issues need to be considered at this stage of the analysis of the financial crisis and credit crunch. First, to consider to what extent these financial occurrences have …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, December 14, 2008 | 0 Comments


    Assessing the G20 Summit responses: Weak diagnosis equals weak solutiaons
    Overriding considerations
    Except by pure chance, ultimately the effectiveness of the actions proposed by the G20 Summit held on November 15, 2008 would depend on the accuracy …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, December 7, 2008 | 0 Comments


    Global response to the global crisis
    Within hours of the US authorities realizing that their private housing bubble had burst and how severe the financial crisis and credit crunch had become, reverberations began to be felt …

  • Guyana and the Wider World

    By Dr Clive Thomas | Sunday, November 30, 2008 | 0 Comments


    An abrupt about face: From the Troubled Assets Relief Program to partial nationalization
     
    From the inception the US Treasury authorities have made it clear that the primary objective of the Troubled Assets Relief Program (TARP) is to …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, November 23, 2008 | 2 Comments


    At the heart of the crisis response: the US
    Troubled Assets Relief Program
    The United States is clearly at the epicentre of the global financial crisis and credit crunch. The scale of the havoc and damage already …

  • Guyana and the Wider World

    By Dr Clive Thomas | Sunday, November 16, 2008 | 0 Comments


    At the epicentre of the crisis − a bursting bubble
    In last week’s column I put forward the thesis that, the enormity of the global financial crisis and its associated credit cr-unch could be gauged from …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, November 9, 2008 | 2 Comments


    How is a credit crunch different from a financial crisis?
    The enormity of the challenges posed by the present financial crisis and credit crunch is starkly revealed in its two most basic aspects, firstly, the enormous …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, November 2, 2008 | 0 Comments


    The financial crisis and credit crunch
    As promised last week, in this week’s Sunday Stabroek column I shall start a fairly extended discussion of the staggering financial crisis and worsening credit crunch facing the global economy, …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, October 26, 2008 | 0 Comments


    EPA, sign or else: Exploding the myth of a partnership of equals

    Predictably, the opening act of the increasingly sordid saga of the African Caribbean Pacific group (ACP) - European Commission (EC) - EPAs has come …

  • Guyana and the wider world

    By Dr Clive Thomas | Sunday, October 19, 2008 | 0 Comments


    More on the Guyana consultation on the EPA
    While it would be fair to say that the Guyana government held a fairly successful National Consultation on the CARIFORUM-EC, EPA, its aftermath has been much more …

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