Editor’s note: As part of the newspaper’s contribution in the run-up to the November 28 general election, the presidential candidates of the political groupings represented in Parliament have been invited by Guyana Publications Inc to submit weekly columns which will be carried in the Sunday Stabroek. The series began last week and will end on November 27. The column below was received from the Alliance For Change.
By Dr Tarron Khemraj
Introduction
It was noted in the first column that there are several conventional wisdoms that have been ventilated over the decades by practice and debates among scholars and policy-makers. The AFC is aware of these best practices that have been successfully employed in Barbados, Mauritius, Taiwan, Singapore, South Korea and other economies. These countries have all applied some form of industrial policy – a set of consistent policies that
