El Dorado at last! Prospects for Guyana in a time of oil/ gas production and export

Introduction

Having completed discussion of the appropriateness of GDP as a measure of Guyana’s economic size, progress, and national/individual well-being/welfare, I turn now to a broader assessment of Guyana’s development at this particular conjuncture. In the coming weeks, my focus will be on sectoral considerations, beginning with mining and quarrying, then moving swiftly to consider the forests products and services sector.

This sectoral discussion is intended as a lead-in to a dedicated appraisal of what, in my view, is the clear priority at this particular