Challenges and threats to economic stability

Part 3

As indicated in my column last Sunday, this week I will consider the third item listed under the second of the four groupings that I have proposed for categorizing the challenges and threats facing near to medium term macroeconomic stability in Guyana (this item is termed big government). Afterwards, I shall turn to discussing the third grouping of challenges and threats, which I label as socio-political.

Big government

For starters I should make it clear to readers that, although presented here as the third item classed under the second grouping of challenges and threats facing near to medium-term macro-economic stability; those posed by big government are by no means of lesser importance than the two previously