Economic Challenges in Early 21st Century Guyana

This edited volume examines the post-independence growth and development of the Guyanese economy. It provides fresh perspectives and new ways to apply economic and development theories to small, open economies like Guyana. Building on diverse methodological approaches, economists and social scientists present key findings alongside novel approaches for understanding the country's challenges. By incorporating the latest research, this book equips readers with forward-thinking strategies to strengthen policy design and foster more effective analysis within Guyana's political and economic systems.

Explains how to apply economic and development theory to the small open economy of Guyana Provides policy reviews and recommendations to help inform policies and decisions Includes methodological perspectives from researchers across economics and other social sciences

Autorentext

Dianna DaSilva-Glasgow is Dean in the Faculty of Social Sciences at the University of Guyana. She is an expert in international trade policy and an academic within the Department of Economics at the University of Guyana.

Tarron Khemraj is Professor of Economics and International Studies at New College of Florida. He is a columnist at Stabroek News and Adjunct Associate Professor at the University of South Florida.

Desmond Thomas is an independent consultant and former lead economic specialist with the Inter-American Development Bank. He was a lecturer in the economics department at the University of the West Indies, and he was an adjunct professor at the University of Trenta and Florida International University.

Inhalt

Introduction.- Part I: Political Economy and Growth.- Economic Growth and the Optimal Size of Government in Guyana.- The Impact of Political Instability on Economic Growth: The Case of Guyana

Regional Inequality and Development: A Study of the Coastal-Hinterland Dichotomy in Guyana

Colonial Origins, Institutions and Socioeconomic Progress in the Caribbean: Guyana and Barbados.- Part II: Guyana and open economy dynamics .- Trade and Economic Development: Policy and Trends for Guyana.- Macroeconomic effects of Government's overdraft on its central bank account

Emerging Trends in the Financial Sector and the Appropriate Regulatory Response in CARICOM

Do Migrants' Remittances Improve Educational Attainment in Developing Countries?

Managing Guyana's Migration Shocks.- Part III: Development issues in an evolving Guyana

Tax bouyancies in Guyana.- Fundamentals of Environmental Economics in Guyana Policy Design and Applications .- Development Performance and Economic Policy in Guyana, 1990-2021

Issues in Macroeconomic Management in Oil producing Guyana

Sovereign Wealth Funds: Pitfalls and Lessons for Developing Countries .- Conclusion.