Noise around local content Guyanese have been clamouring for local content provisions in their relationship with ExxonMobil since it became obvious that oil production will be undertaken by the multinational oil giant.
Small Guyana is developing the Green State Development Strategy (GSDS) to promote the development of the country.
Alarm In more recent times, there has been much discussion and expression of alarm about Guyana’s manufacturing sector.
An indication As indicated in last week’s article, one can take a look at the current account and understand many things that affect our economy.
Part 1 Level of savings When one looks at the current account balance in the country’s balance of payments, the concern might be about the deficit that emerges annually and the amount of foreign currency that seems to be leaving the country.
Various observations Various observations about the Guyana economy have been made over the past year or so.
Viewpoint The Guyana economy like most other economies follows the classification of the United Nations System of Accounts.
Ambition of WIPO Last week, it was pointed out that the World Intellectual Property Organisation (WIPO) emerged after three intellectual property rights conventions, namely the Paris, Berne and Rome Conventions, were established.
Intangible Intellectual property (IP) is one of those intangible things that is important to the production structure of any country.
Equitable According to remarks made by a high official of the health services, in examining the attributes of an effective health care system, Guyana appears to be far from having a good health care system.
Mandate The United Nations Development Programme (UNDP) is one of the international entities of the United Nations family of organizations.
Recall from last week’s article, that the benefits received by taxpayers are not all the same and are usually determined by the policy goals of the government which are determined by the level of development of the country, the economic and social condition of the people and the quality of its institutions.
Future-looking strategy Ever since the UN Conference on Environment and Development in Rio de Janeiro in June 1992, the world was seized with issues of sustainable development with some urgency.
Beneficiary of wealth The global production structure is made up of an interrelated set of bargains, agreements, rules, laws and institutions that are intended to bring countries closer to each other in a more harmonious relationship.
Vital role Last week’s article offered an overview of trade in services. Among the things that it sought to do was to enable people to distinguish between services and goods that entered international trade.
Global trade The Guyana economy grew an average of 4.5 per cent over the period 2010 to 2013.