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.
Trend in money supply As Guyana celebrates its Golden Jubilee, it is perhaps good to talk about something that is on their minds.
Financial wilderness Guyanese farmers continue to lament the lack of adequate access to commercial financing for their agricultural activities.
Global demand The world is bombarded with claims of free trade and its virtues.
Controlled circumstances Guyana is one of 193 member states of the United Nations.
Missed opportunity The Guyana economy grew by an average of 5 percent over the last seven years but questions remain about the distribution of the wealth.
Focus There are six commercial banks in Guyana competing for the business of banking consumers.
(Conclusion) Due diligence In the first part of this article, an effort was made to discuss some of the things that often lead to charges of non-compliance with globally accepted anti-money laundering and countering the financing of terrorism standards.
Economic black hole The amount of work that Guyana has to do to clean up itself against domestic and international charges of corruption is phenomenal, and it is not going to be easy.
Conclusion Never easy Given the experience and frustrations over the years, many in the Caribbean are surprised that Caricom was able to see 43 years and seemed poised to, and capable of, reaching its golden jubilee in seven years.
Confidence This article is intended to share this writer’s understanding of the Caricom Single Market and Economy (CSME) and to begin the process of considering how it could be made to work better for Guyana.
Part 3 Movement of people and goods The previous sections of this article have sought to show that the road transport market is multidimensional and carries different risks for each income-generating sector of the market.
Varying specializations Last week, the process of this writer trying to understand the transport industry in Guyana began.
Movement of money One of the most important aspects of the global political economy is the finance structure.
Contribution In last week’s column, it was noted that small businesses make up a substantial part of the Guyana economy.