Since independence several third or independent parties – UF, WPA, ROAR, GAP/ROAR and AFC – have won enough votes to have seats in Parliament, but none was able to win the election outright.
In part 1 of the column, I argued that cultural practices have to be observed within the constraints of politics and economics of the Guyanese society.
Part 1 Commenting on the Sonu Nigam concert, Mr. Romain Khan wrote a very perceptive letter titled `The Nigam concert and false consciousness’ (Stabroek News on May 12, 2014).
Recently several letter writers have questioned the veracity of Guyana’s GDP statistics, including the rate of growth of GDP.
The purpose of this column is to propose a non-exhaustive list of possible solutions for the crisis facing the sugar industry, a crisis mainly brought about by several political decisions over the years.
In the previous column (Apr 2, 2014), we observed two ideas relating to the origins of money – the Metallist view and the Chartalist view.
Introduction As far as policies promoting economic development go, I can think of few more important than greater economic integration of CARICOM.
If the PPP really wanted the Anti-Money Laundering and Countering the Financing of Terrorism bill (AML/CFT) it would have been passed since 2011 when it had the majority.
In the banking system of Guyana, Caribbean economies and many developing economies there is a surfeit of liquidity.
Introduction Foreign exchange (FX) markets in the emerging market economies are under pressure as economic growth in China slows and the Federal Reserve scales back asset purchases (takes liquidity out of the economy).
There have been much discussions and criticisms of APNU’s proposal of a social contract.
Development Watch – Tarron Khemraj Each year Guyana’s position in the world is made known by indices and data put together by global organizations such as the IMF, World Bank, Transparency International, The Economist Intelligence Unit, United Nations and others.
The press release on the Article IV consultation between Guyana and the IMF raised several important points, some of which dovetails nicely with the theme of unity and human development.
Introduction Many tend to believe, including yours truly, that if we can just chart a new constitution to promote some form of power sharing, establish the Public Procurement Commission, re-establish the Ombudsman, and similar good institutions the country could be on the path of economic certainty and national unity.
Introduction Recently the Bank of Guyana introduced a $5000 dollar note. Some see this as the result of inflation, while others see the move causing inflation.
Introduction Recently Minister Ashni Singh declared that the PPP will only implement the Public Procurement Commission (PPC) if cabinet gets an influence in the public procurement of goods and services.
Introduction The Stabroek News reported on October 24 that the Private Sector Commission (PSC) is deeply troubled about APNU’s statements regarding the Marriott project.
Privatization was seen as one of the “reform” measures for an economy transitioning from socialism to a marked-based capitalist economy.
Introduction GINA makes sure we are reminded that the G$208.8 billion budget is the largest ever presented in Parliament.
Introduction This series of columns argue that Guyana will stay an underdeveloped country because the Constitution promotes competition for economic resources between the two main ethnic groups.
Introduction This series of columns focuses on the strategic interactions among four groups divided up along class and ethnic lines.
Introduction A controversy has emerged on whether Guyana’s external debt is sustainable. I would therefore suspend my “Politics and Guyana’s Underdevelopment” series and give a few thoughts on the Guyana external debt.
Introduction I would like to remind readers about the four groups upon which the analysis is based (see previous column SN Jan 23, 2013).
– Part 1 Introduction The previous Development Watch column (SN Jan 9, 2013) presented the idea that voters from one ethnic group face a great uncertainty problem as to how the voters of the other ethnic group will vote.
Introduction: The importance of credible signals The seller of a used car knows the history and quality of the car much more than the buyer who walks into the show room.
Introduction The proposed US$51 million Marriott Hotel in Georgetown is one of the primary anchors of the economic policy stance of the PPP government.
Introduction In the PNC years many government functions were done within the various ministries.
Introduction The University of Guyana is in the process of appointing a new Vice Chancellor.
Introduction This column takes a long-term view in analysing the 2012 budget, which is set to see spending of $193 billion in the next fiscal year.
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.
By Dr. Tarron Khemraj Introduction President Jagdeo accused the AFC of plagiarizing the Low Carbon Development Strategy (LCDS), the National Competitiveness Strategy (NCS) and something called a central banking manual.
(Part 3) Introduction In my previous column I noted that GDP grew at an average rate of 1.95% over the Jagdeo years.
– Part 2 Introduction In the previous column, I examined several common features of President Jagdeo’s economic policy framework.
Introduction On September 16 a grand day of appreciation was hosted for President Bharrat Jagdeo.
I support the basic idea of Mr Rajendra Rampersaud’s letter on total factor productivity (SN June 15).
Introduction Recently there have been open debates between senior members of the ruling PPP.
The previous two columns outlined some of the crucial issues surrounding the financial crisis in the United States.
Part 2 Introduction As noted in the previous article, the purpose of this series of columns is to explain why widespread contagion in the Guyana financial system did not follow the global financial crisis, which was precipitated by the US subprime meltdown.
Introduction Several Guyanese leaders have exalted the fact that Guyana emerged largely unscathed from the global financial crisis which broke in the summer of 2007.
Information and Communication Technology (ICT) is seen as an important aspect of President Jagdeo’s economic policy.
Introduction This essay will conclude the series on the post-1992 elected oligarchy by proposing a set of policies that could circumvent the further entrenchment of the present oligarchy or the emergence of future elected ones.
Slow Fiah, Mo Fiah and the Guyanese Growth Stagnation Introduction In my third column (SN July 22, 2009) I noted that Guyana’s GDP grew at a paltry average rate of 0.86% since 1998.