Guyana and the Wider World

World economic uncertainty: Cause or consequence This analysis of the recent rapid increases in global food and fuel prices along with the strong surge in bio-fuels production and their combined impact on the Guyanese economy would be incomplete without taking into account major uncertainties that have been confronting the global economy in recent times.

Guyana and the wider world

Necessary but dangerous: Non-tariff barriers in action in the EPA Last week I had indicated that this week’s column would illustrate the way in which non-tariff barriers are addressed in the Cariforum-EC, Economic Partnership Agreement (EPA).

Guyana and the wider world

Regulating or manipulating agricultural trade: The shoddy practice of non-tariff barriers A central proposition of this analysis of rapidly rising food prices globally, is that the only long-term sustainable solution to this is the reconstitution of global trade along lines that allow for comparative and competitive advantages to be the main determinants of what and which countries export food products.

Guyana and the wider world

The harsh reality of global agricultural trade: Artificial competitiveness and the need for safeguards Most observers would argue that, technical and natural considerations apart, the most positive development favouring the stabilisation of global food prices in the long run would be the successful conclusion of the long drawn-out process of global trade reform.