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Guyana

On the threshold of great wealth
Guyana has never been a typical country of the English-speaking Caribbean, and it is about to become even less typical.... Read More
There are 12 independent states in the English-speaking Caribbean, of which only two, Belize and Guyana, are mainland as opposed to island states.... Read More
Notwithstanding its relatively healthy position on debt, Guyana’s general lack of economic progress relative to the rest of the Caribbean is reflected, not surprisingly, in measures for human development, as monitored by the United Nations Development Programme (UNDP).... Read More
On various measures of good governance, Guyana ranks poorly alongside its Caribbean contemporaries.... Read More
To an extent, Guyana’s poor governance is a reflection of its heavily contested politics.... Read More
Guyana’s relations with the United States, and the West in general, have not always been smooth.... Read More
So how much oil is there? In August 2018, Wood Mackenzie wrote: “ExxonMobil’s exploration success in the last few years has established the Guyana basin as one of the world’s offshore hotspots – no other area has delivered as much conventional oil resource since 2015.... Read More
In August 2018, the Guyana government produced a Green Paper on ‘Managing Petroleum Revenues and Establishment of a Fiscal Rule and a Sovereign Wealth Fund’.... Read More
There are three obvious conclusions.... Read More

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