Guyana : Recent Economic Developments and Selected Issues.

This Selected Issues paper describes economic developments in Guyana during the 1990s. Real GDP recovered with an average growth rate of 7 1\2 percent a year during 1991-94 as economic activity responded to a shift in economic policies. Renewed confidence led to increased investment-particularly inc...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/123
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper describes economic developments in Guyana during the 1990s. Real GDP recovered with an average growth rate of 7 1\2 percent a year during 1991-94 as economic activity responded to a shift in economic policies. Renewed confidence led to increased investment-particularly increased foreign direct investment in the bauxite, gold, and forestry industries. Also, structural reforms-including the engagement of private management-led to increases in sugar and rice production, the main agricultural products. Expansion in light manufacturing, distribution, and financial services contributed importantly to the overall growth during the period.
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Physical Description:1 online resource (81 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students