This week’s column and the first part of next week’s will bring to a close my discussion of the vulnerabilities to be found in the financial regulatory and oversight structures of Guyana and the wider Caricom region. These vulnerabilities have become increasingly manifest as contagion from the global economic recession and financial crisis has continued to take its toll on these small open economies.
Uncertainty and caution
As readers would be aware from previous columns, at best, global economic recovery remains fragile and threatened. Great anxiety continues to be exhibited by the economic and financial authorities in the nations termed by the IMF as “advanced economies,”, where the present global crisis is heavily centred. Indeed,
