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WEBINAR

Friday, November 19, 2021, 10:30am-11:30am EST STRATEGIC CONSIDERATIONS FOR LOCAL CONTENT REQUIREMENTS IN GUYANA’S OIL SECTOR Presenter Dr. Jerry Haar, Department of Business, Florida International University. Panelists Dr. Anthony Bryan,…

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Computations

In this week’s  installment from the GBJ we address the question of revenues from the impending oil production. In an earlier post we noted that the main direct effect of the…

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A Look In The Mirror

Evidently, these discoveries will provide Guyana with much needed and welcomed additional financial revenues for growth-supportive investments and social expenditure, as well as financial buffers against adverse economic shocks. However, oil discoveries tend to make non-oil sectors less competitive via the appreciation of the real exchange rate (Dutch disease) and can induce macroeconomic volatility (van der Ploeg and Poelhekke, 2009). How does a young woman in Ozama St. North Ruimveldt win this game? GBJ will take up aspects of this question in next week’s installment.

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