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Topic: Economy of Guyana

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	Guyana ECONOMY
		Guyana's economy is dominated by the production and processing of primary commodities, of which sugar, gold and bauxite are the most important.
		Beginning in the late 1970s, Guyana's economy suffered a severe decline, attributable both to the increasingly high costs of imported oil and petroleum products (39% of Guyana's merchandise imports in 1983) and to sagging production and prices of Guyana's exports.
		The GDP was estimated to have grown 1.8% in 2002, with inflation at 4.3%.
	www.nationsencyclopedia.com /Americas/Guyana-ECONOMY.html (639 words)

	Guyana Economy
		The government reported that the economy grew at a rate of 7.9% in 1996, 6.2% in 1997, and fell 1.3% in 1998.
		Guyana's extremely high debt burden to foreign creditors has meant limited availability of foreign exchange and reduced capacity to import necessary raw materials, spare parts, and equipment, thereby further reducing production.
		After years of a state-dominated economy, the mechanisms for private investment, domestic or foreign, are still evolving.
	www.traveldocs.com /gy/economy.htm (654 words)

	Map of Guyana
		The economy is dominated by agriculture, concentrated largely on the alluvial belt along the coast.
		Guyana's chief executive is a president, elected to a five-year term by the unicameral National Assembly.
		In 1978 Guyana was the scene of the mass suicide and murder of more than 900 members of a religious cult on orders of their leader,James Warren("Jim") Jones.
	www.guyana.org /guymap.html (1066 words)

	Guyana (Site not responding. Last check: 2007-09-10)
		The Guyanese economy has exhibited moderate economic since 1999 based on an expansion in the agricultural and mining sectors a more favourable atmosphere for initiatives a more realistic exchange rate fairly inflation and the continued support of international Chronic problems include a shortage of skilled labour and a deficient infrastructure.
		Guyana has a diverse ethnic population: the major groups are the (East) Indians or Indo-Guyanese (50%) who have remained rural the Africans or Afro-Guyanese (36%) who constitute the urban population and the Amerindians (7%) who live in the country's Chinese and Europeans (mostly Portuguese and British) and those of mixed origins make the remainder.
		Christianity (50%) Hinduism (35%) and Islam (10%) are the dominant religions in with the latter two concentrated in the community.
	www.freeglossary.com /Guyana (1028 words)

	Guyana - Economy
		Three factors--the flourishing illegal economy, the cash remittances that Guyanese citizens received from relatives living abroad, and the country's near selfsufficiency in food production--were all that kept the economic decline from becoming a disaster.
		The economy's performance had not yet recovered, but the government was dismantling statist policies and opening up the country to foreign investment.
		Guyana's economy was still far from recovery in 1991, but the Hoyte government's commitment to reform was clear.
	countrystudies.us /guyana/53.htm (721 words)

	Guyana - Parallel Economy
		In general terms, the parallel economy, or fl market, was harmful because it indicated that the official economy was not providing enough goods and services, and that a "norm of illegality" existed in Guyana.
		The size of Guyana's parallel economy was difficult to estimate because illegal traders and businessmen kept a low profile to avoid both foreign currency regulations and taxation.
		Economist Clive Thomas argued in various studies that the parallel economy ranged from one-half to roughly the same size as the official economy.
	countrystudies.us /guyana/57.htm (755 words)

	Index of Economic Freedom 2006 - Guyana
		Guyana's fiscal burden of government score is 0.3 point worse this year.
		Guyana's banking system is becoming more competitive but remains underdeveloped and hindered by few sound lending opportunities.
		Guyana's judicial system is often slow, inefficient, and subject to corruption.
	www.heritage.org /research/features/index/country.cfm?id=Guyana (948 words)

	Guyana Office for Investment - GO-Invest
		On one hand, its Caribbean and English-speaking heritage enables Guyana to be part of the Caribbean Community (CARICOM), while on the other hand it is a South American country neighboring two of the most important economies on the continent – Brazil and Venezuela.
		Guyana’s membership in CARICOM provides it with duty-free access to 14 other member countries, which are Antigua and Barbuda, Barbados, The Bahamas, Belize, Dominica, Grenada, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago.
		Guyana is one of the most open economies in the Caribbean, and exports, amounting to over 90 percent of GDP, play a large role in the economy.
	www.goinvest.gov.gy /guyana_economy.html (1395 words)

	Economy (Site not responding. Last check: 2007-09-10)
		Sugar was first grown in colonial Guyana in 1658 but was not produced on a large scale until the late 1700s, about 100 years later than in the rest of the Caribbean region.
		The most important change in Guyana's economy after the turn of the century was the development of the bauxite (aluminum ore) industry by North American companies.
		Guyana possessed vast reserves of bauxite in the northeast, and by the 1960s, the country had become the world's fourth largest producer (after the Soviet Union, Jamaica, and Suriname).
	www.knowthecaribbean.com /Guyana_economy.htm (2226 words)

	GINA \| GOVERNMENT INFORMATION AGENCY \| GUYANA
		The political commentaries seem to liken the Guyana economy to a vague experiment in a laboratory.
		Guyana and Brazil have a trade pact that now enables fresh fruit, bottled rum, plywood, bauxite, and corrugated cardboard from Guyana to be traded with Brazil duty free.
		The state of the Guyana economy, in the final analysis, must be the most significant factor in the determination of wage/salary.
	www.gina.gov.gy /archive/researchp/rpguyeconomy.html (956 words)

	History of Guyana
		Guyana received its first constitution under the British administration in 1928, and the vote was extended to women.
		Following constitutional conferences between Guyana and Britain in 1962 and 1963, elections were held in late 1964.
		The economy of Guyana declined during 1998, partly as a result of the political unrest.
	www.guyana.ro /guyana/history.php (1568 words)

	Economy of Guyana - Wikipedia, the free encyclopedia
		The government reported that the economy grew at a rate of 7.9 percent in 1996, 6.2 percent in 1997, and fell 1.3 percent in 1998.
		Agriculture and mining are Guyana's most important economic activities, with sugar, bauxite, rice, and gold accounting for 70–75 percent of export earnings.
		The rate is subject to change on a daily basis, but the Guyana dollar has depreciated 17.6% from 1998 to 2000 and may depreciate further pending the stability of the post-election period.
	en.wikipedia.org /wiki/Economy_of_Guyana (988 words)

	Guyana the Cooperative Republic
		The PPP and UF were part of Guyana's political landscape but were ignored as Burnham began to convert the machinery of state into an instrument of the PNC.
		The economic crisis facing Guyana in the early 1980s deepened considerably, accompanied by the rapid deterioration of public services, infrastructure, and overall quality of life.
		The litany of Guyana's decline included shortages of rice and sugar (both produced in the country), cooking oil, and kerosene.
	www.country-studies.com /guyana/the-cooperative-republic.html (1329 words)

	Guyana Caribbean Politics
		What is keeping the Guyana economy from total collapse, are generous international donors and creditors, overseas remittances and the massive amount of inflows from drugs, cross border smuggling and money laundering activities.
		The fact that Guyana's HDI has moved from 679 in 1985 to 720 in 2005, is hardly a case for celebration, given Guyana's low population and vast economic potential.
		If Guyana is not as badly off as some of us make it out to be, why then is the migration rate so high (surely Guyanese must think differently?) Would Dr. Persaud leave his posh residents and big time job in DC and return to Guyana.
	www.guyanacaribbeanpolitics.com /commentary/wiggins.html (1766 words)

	Chapter 31: FISHERIES POLICY0This chapter draws extensively on the following three previous studies: i) Guyana ...
		The fishery sector is of critical importance to the economy and to the social well-being in Guyana.
		Guyana's fishing activities are concentrated on the continental shelf and to a minimal level on the continental slope, while there is no activity in the far offshore area and the potential of the coastal and oceanic pelagics are not known.
		Guyana does not currently have the data to determine its total allowable catch and thus should be extremely cautious about negotiating access by other States to fish the surplus (if any exists) until this is known.
	www.guyana.org /NDS/chap31.htm (13181 words)

	Guyana - Wikipedia, the free encyclopedia
		Guyana (pronounced [gaɪ'a.na]; occasionally Anglicized as [gaɪ'æ.nə]), officially the Co-operative Republic of Guyana, is the only nation state of the Commonwealth of Nations on the mainland of South America.
		Guyana is the only South American country whose official language is English, and is one of only two remaining countries on mainland America whose traffic still drives on the left.
		Guyana's culture is very similar to that of the English-speaking Caribbean, to the extent that Guyana is included and accepted as a Caribbean nation and is a founder member of the Caricom (Caribbean Community) economic bloc.
	en.wikipedia.org /wiki/Guyana (5177 words)

	Guyana Economy - overview - Economy (Site not responding. Last check: 2007-09-10)
		The Guyanese economy exhibited moderate economic growth in 2001-02, based on expansion in the agricultural and mining sectors, a more favorable atmosphere for business initiatives, a more realistic exchange rate, fairly low inflation, and the continued support of international organizations.
		Guyana's entrance into the Caricom Single Market and Economy (CSME) in January 2006 might broaden the country's export market, primarily in the raw materials sector.
		Definition: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization.
	www.indexmundi.com /guyana/economy_overview.html (236 words)

	Guyana Caribbean Politics - Desmond Hoyte
		It is my firm belief that his decision to liberalise the economy and to privatize state enterprises that hung like albatrosses around the neck of the Government, was, strategically, one of the most important public policy decisions in our post-colonial history.
		In Guyana, we have developed an almost perverted tendency to judge our political leaders by the mistakes they have made, ignoring the good they have done for the country, depending on where we stand in the political landscape.
		The loss of his only two children and the physical and traumatic injuries suffered by his wife are absolutely the greatest sacrifice that a man could ever bear in the service of his country; even greater than the sacrifice of his own life.
	www.guyanacaribbeanpolitics.com /commentary/hoyte_tyndall.html (1903 words)

	Guyana information statistics, economy and tourism of Guyana, population of Guyana...
		Guyana information statistics, economy and tourism of Guyana, population of Guyana...
		Miss Guyana (Morvina Sobers) to leave for Trinidad on May 7 to compete in the Miss Universe contest on May 26.
		THAG is unhappy with amount of money allocated for tourism in Guyana's National budget.
	members.tripod.com /~HashPyrit/Guyana/index.htm (207 words)

	Economy of Guyana, banks, tax and law
		Guyana Banks for Trade and Industry Limited has a rich and successful history of over 160 years that began with the establishment of the first commercial bank in British Guiana.
		Economy of Guyana Providing Economy of Guyana information.
		Economy of Guyana: Information From Answers.com Economy of Guyana With a per capita gross domestic product of only $824 in 1999, Guyana is one of the poorest countries in the Western Hemisphere.
	www.guyana.us /economy.htm (313 words)

	Guyana - Chapter 3. Guyana: The Economy (Site not responding. Last check: 2007-09-10)
		Guyana's gross domestic product (GDP-- see Glossary) reflected the decline in output.
		Per capita GDP amounted to less than US$369 per capita, making Guyana one of the poorest countries in the hemisphere (see table 6, Appendix A).
		Hoyte faced the stark alternatives of having all credit to his country cut off or enacting a package of reforms approved by the International Monetary Fund (IMF--see Glossary).
	www.country-data.com /cgi-bin/query/r-5417.html (719 words)

	Guyana Economy - Infrastructure (Site not responding. Last check: 2007-09-10)
		No reform of Guyana's productive sectors was possible without a significant level of investment in electricity, transportation, communications, the water system, and seawalls.
		The unreliable supply of electricity in Georgetown and throughout Guyana was "the single most debilitating infrastructural inadequacy," according to Minister of Finance Carl Greenidge.
		The United States Embassy reported that the lack of electricity in the Georgetown area was a leading factor in emigration from Guyana.
	www.country-studies.com /guyana/economy---infrastructure.html (165 words)

	GeographyIQ - World Atlas - South America - Guyana - Economy
		With a per capita gross domestic product of only $760 in 2000, Guyana is one of the poorest countries in the Western Hemisphere.
		About half of Guyana's debt is owed to the multilateral development banks and 20% to its neighbor Trinidad and Tobago, which until 1986 was its principal supplier of petroleum products.
		Net emigration to the United States in FY 2002 was estimated to be 1.4% of the population and, although final figures are not yet available, is expected to hold steady at that rate for FY 2003.
	www.geographyiq.com /countries/gy/Guyana_economy_summary.htm (822 words)

	Economy Of Guyana (Site not responding. Last check: 2007-09-10)
		If you would like to use this flag of Guyana or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this map of Guyana or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this information for Guyana or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
	www.appliedlanguage.com /country_guides/guyana_country_economy.shtml (400 words)

	Another hit- from Guyana: Land of Six Peoples
		Clement Rohee has said that the private sector is currently the most dominant sector in Guyana as distinct from what happened in the past, when the state sector was dominant.
		According to the Minster, under the previous administration, the State controlled about 80 per cent of the economy, and employed most of the workforce, while the private sector was totally marginalised and miniaturised.
		His statement sought to clarify an earlier perception by the organisers of the conference that the Guyana Government was reluctant to attend.
	www.landofsixpeoples.com /news/nc10927.htm (1318 words)

	Transportation - Economy - Guyana - South America: airline guyana, railroad track, south america, country served, coast ...
		Guyana has 7,970 km (4,952 mi) of roads, most of which are near the coast.
		Guyana’s main seaports are Georgetown and New Amsterdam.
		The national airline is Guyana Airways, which provides domestic and international service.
	www.countriesquest.com /south_america/guyana/economy/transportation.htm (96 words)

	Economy Of Guyana, Guyana Economy, Guyana Economy Overview, Statistics on Guyana Economy, Guyana Economic Profile, ...
		Economy Of Guyana, Guyana Economy, Guyana Economy Overview, Statistics on Guyana Economy, Guyana Economic Profile, Guyana In The World Economy
		Guyana is a Lower Middle Income country comes under the Latin America and the Caribbean region, according to the classification made by the World Bank on the basis of income and region for year 2006.
		Economy of Guyana has made dramatic progress after implementing economic recovery program (ERP).
	www.economywatch.com /world_economy/guyana/index.html (161 words)

	Guyana - MSN Encarta
		His widow, Janet Jagan, who was born in the United States, assumed leadership of the PPP.
		Floods in early 2005 caused widespread devastation in Guyana, destroying the possessions of 40 percent of the population.
		General elections in 2006 gave the PPP a majority in the National Assembly, and Jagdeo began another five-year term.
	encarta.msn.com /encyclopedia_761562228_7/Guyana.html (423 words)

	The Bank Of Guyana
		Monetary Policy is the set of measures adopted by the Central Bank or other monetary authority that is aimed at influencing the availability and cost of money and credit, with a view to achieving specific national goals such as a low, stable and predictable rate of inflation and sustained economic growth.
		Within the context of the economic policy of the Government the Bank shall be guided in all its actions by the objective of fostering domestic price stability through the promotion of stable credit and exchange conditions, as well as sound financial intermediation conducive to the growth of the economy of Guyana.
		The Bank of Guyana utilizes two instruments in the conduct of monetary policy.
	www.bankofguyana.org.gy /Monetarypolicy.htm (128 words)

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