The economic discontents of the masses

News coming out of Guyana over the past two and a half years point out that money is not being circulated, the expression often used by the man and woman on the street to describe their economic feelings.

The proposed Public Service Staff College: Shaping a Developmental State?

Recently the Stabroek News (Feb 28, 2016) reported President Granger saying: “I have no interest in having an unprofessional Public Service… I also said that I did not just want an efficient public service but an ‘unbribable’ public service; professional people, people who can do their trade and people who are prepared to do their jobs without fear or favour.” It is good to hear a Guyanese Head of State finally making such a comment.

The cycle, the trend and Budget 2016…and beyond Part 2

Part 2   The previous column argues that old-fashioned textbook Keynesian macroeconomics, in terms of budget stimulus, will not be very effective in a country like Guyana that exports most of what it produces and imports a large percentage of what it consumes.

Ethnic marginalization in Guyana – Part 1

Recently the PPP accused the APNU+AFC government of ethnic cleansing. The term ethnic cleansing was made popular by the PNC in the mid-1990s and former president Desmond Hoyte actually used the term in a letter to Stabroek News in 1996.

Is Guyana in a recession?

This is the season of funny debates. There is talk among observers and politicians that Guyana is either in recession or about to enter into one.

Three Constraints

The new government will face numerous challenges. The cash flow insolvency of GuySuCo and the looming crisis in the rice belt will keep the President and the Minister of Agriculture up at nights.

History matters, but…

A recent letter by Ms. Ryhaan Shah sparked a series of responses in the letter columns, causing it to be juxtaposed with another letter by the bright young economics student, Saieed Khalil.

History matters, but…

A recent letter by Ms. Ryhaan Shah sparked a series of responses in the letter columns, causing it to be juxtaposed with another letter by the bright young economics student, Saieed Khalil.

Housing versus Development

Home ownership is the main pillar of the PPP’s development strategy. From the beginning it was pursued more for its political returns than economic merit.

Who owns NICIL? Duh, the people!

It was reported last week that the government holding company National Industrial and Commercial Investments Limited (NICIL) injected a further US$16 million into the Marriott project.

The Jagdeo-Ramotar approach to private enterprise

Part 2 By Tarron Khemraj  Introduction Part 1 of this essay argued that the main motivation driving private investments under the Jagdeo-Ramotar dispensation is the desire to use political power for the purpose of expropriating economic and investment opportunities for associates of the ruling party.