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.
An alarm has been raised about the availability of foreign currency in Guyana within the last three or so months.
Complexity of industry In an effort to gain a better understanding of how the oil industry works, we started examining its structure last week, using some of the methods that oil industry operators and analysts use.
Bugbear Guyanese have read and heard about oil discoveries and production that have taken place in various parts of the world.
Focus and attention The national economy is usually divided up into four sectors, namely, agriculture, mining, manufacturing and services.
The reality One could see from the data presented in last week’s article that the intention of the government is clear.
Financial plan On November 28, the Minister of Finance presented the budget for the year 2017 for the consumption of the people of Guyana.
Curiosity Prior to the appointment of members of the Public Pro-curement Commission (PPC) this year, the question that comes to mind is what was the responsibility of Cabinet in the award of contracts over $15 million?
Summary information In the Annual Report of the Bank of Guyana, readers can find a series of tables, one of which is entitled ‘Balance of Payments’.
Conclusion Labour productivity As noted in the first part of this article, six inputs based on physical units or items of expenditure were selected to form an opinion of the stewardship of the previous administration over the affairs of the nation.
Mumbling and grumbling Over the years, there has been plenty mumbling and grumbling about the quality of government services among the general public.
Criticism The international community is grappling with the issue of properly measuring the wealth of countries in a comprehensive way.
Global economic system The issue of global warming and sustainable development can no longer be a matter of passing interest.
Complex technology When someone examines global trade statistics, one thing that jumps out at the reader is the difference in export revenues between primary commodities and manufactured goods.
No one knows Imagine talking to a friend on the phone while thousands of dollars are pressed to your ears and no one knows it.
Part 1 Political condition There has been much speculation about the Guyana economy over the last year or so.
Steadfast Last year, this writer looked at the Massy Group of Companies formerly Neal and Massy to gain an understanding of the operations of this company which has been doing business in Guyana for the past 48 years.
Conclusion Sustainable and harmonious planet In the previous two articles, the 17 SDGs were identified and the importance of addressing the issue of poverty was highlighted.