Weak and volatile
Several analysts have directly blamed the absence of a coherent economic strategy to guide Guyana’s development since the PPP/C administration came to power in 1992, for the volatile and inadequate economic growth which has prevailed since.
The data for the period reveal that, between 1992 and 1999, annual average real GDP growth was approximately 5.6 per cent. And, between 2000 and 2010 the annual average real GDP growth was just under 2 per cent. For the first period there was one year of
