A perspective on local content

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. 

A likely sector coup

A novelty From the look of things, almost everyone in Guyana is preoccupied with the events in the emerging oil and gas industry in the country. 

Is it an illusion?

(Conclusion) Rule out Perhaps among the main reasons for agriculture remaining a priority is the contribution that it makes to the economy beyond making food available for consumption. 

Is it an illusion? Part 1

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Viewpoint The Guyana economy like most other economies follows the classification of the United Nations System of Accounts. 

In need of constant due diligence

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. 

Recognizing and understanding the tax benefits (Final)

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. 

TRIMS and the trade deficit

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. 

A further look into trade in services

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. 

Trade in services

Inconspicuous International trade is very important to the growth of the world economy accounting for about 60 per cent of world gross domestic product (GDP).