Dear Editor,
Christopher Ram’s letter dated July 4 in Stabroek News (‘The EIU report derived its questions from comparative date published by the Bank of Guyana’) is a poor attempt to rebut my arguments in the letters’ column of Stabroek News (June 28) entitled ‘Empirical data do not support the growth contention by EIU.’ Moreover, Mr Ram took a detour and brought in a number of trivial and peripheral issues that are totally unrelated to the discussions.
However, I would like to stick to the core issue in the debate: that is, the method used in the calculation of the 2009 GDP is the most reliable at the present time.
Secondly, neither Mr Ram nor the EIU can prove that the 2009 output data is a fabrication or a blatant lie, and they themselves have not produced alternative numbers that can disprove the current output data.
I rest my case.
Yours faithfully,
Rajendra Rampersaud
