Downside risks and Guyana’s economic performance

Introduction

In this and the coming weeks, I shall continue my assessment of the short-to-medium term prospects for the Guyana economy. The method I am using is to first consider the downside risks facing the economy, which are those that would impede its performance.  Afterwards I shall report on the upside potential and expectations, which are those that could lay the basis for a sustained economic take-off.

Last week I expressed the opinion that, the performance of the economy over the 2000s as measured by the growth of real GDP in that period,