The European Union's (EU) Global Health Strategy calls for open and strategic autonomy in the field of pharmaceuticals, which would lead to the redesign of EU global supply and value chains as well as trade relations. As the EU and Germany are seeking to diversify their trade partners, the...

Differently to large parts of the scholarship assessing the impact of religion on the integration of Muslim minorities in Europe, the case selection employed in the present study allows for controlling relevant sociodemographic variables, namely migration background or rather generation and...

Differently to large parts of the scholarship assessing the impact of religion on the integration of Muslim minorities in Europe, the case selection employed in the present study allows for controlling relevant sociodemographic variables, namely migration background or rather generation and...

Guyana is growing rapidly, and fiscal policy plays a critical role in ensuring that the country’s wealth is managed effectively and equitably. The paper analyzes crucial elements of a comprehensive fiscal policy framework, anchored on a medium-term fiscal framework, that would help in...

Two consistent findings from the experimentally literature on public good games are that cooperation declines over time and cooperation is lower in countries with weak institutions. These findings, however, are primarily based on experiments in Europe, North America and Asia. There is little...

The European Union’s (EU) Global Health Strategy calls for open and strategic autonomy in the field of pharmaceuticals, which would lead to the redesign of EU global supply and value chains as well as trade relations. As the EU and Germany are seeking to diversify their trade partners, the...

The 2023 Article IV Consultation highlights that the Guyanese economy continues to experience record growth, supported by the government's modernization plans and unparalleled oil and gas sector expansion. Guyana's oil reserves per capita are one of the highest in the world. Going forward, oil...

Guyana faces several challenges, including poverty and high levels of inequality, ranking 114 out of 170 countries in the gender inequality index. Guyana faces significant challenges in addressing gender-based violence (GBV) and supporting women's economic empowerment. The pandemic has only...

International oil producers have discovered commercially recoverable petroleum reserves of around 11 billion barrels that promise to transform Guyana's agricultural and mining economy into an oil powerhouse, while hopefully helping to diversify the non-oil economy. Oil production presents a...

Following the pandemic-induced recession in 2020, economic growth recovered in 2021, with non-oil GDP growth reaching 4.6 percent, despite being negatively impacted by floods. Inflation increased markedly since 2021 owing to the floods and supply-side disruptions, as well as continually rising...

The Dutch Disease is a well-documented phenomenon observed in countries that have experienced a boom in a non-renewable resource such as oil and gas and minerals. The literature on the Dutch Disease dates back to the 1980s and there is empirical evidence on the economic effects on countries all...

“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening...

International oil producers have discovered commercially recoverable petroleum reserves of around 11 billion barrels that promise to transform Guyana's agricultural and mining economy into an oil powerhouse, while hopefully helping to diversify the non-oil economy. Oil production presents a...

The Country Opinion Survey in Guyana assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Guyana perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the...

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...

The COVID-19 pandemic has forced sudden transformation in many sectors of the global community, turning the world upside down. Everything has been impacted, not excluding the education sector, which has experienced some unforeseen changes in many parts of the world. The sudden transition to...

The novel COVID-19 pandemic has significantly impacted all facets of society globally. Often overlooked is the potential contamination of the waste disposed by individuals diagnosed with the virus. The proliferation of contaminated waste is expected to increase as cases increase. The pandemic...

Guyana's residential real estate prices have been rising, particularly in the capital city Georgetown, following the discovery of oil in 2015. In line with the growing demand for housing, commercial banks' housing loans have increased, prompting higher household debt. This paper presents two...

Guyana's residential real estate prices have been rising, particularly in the capital city Georgetown, following the discovery of oil in 2015. In line with the growing demand for housing, commercial banks' housing loans have increased, prompting higher household debt. This paper presents two...

The major macroeconomic goals are to boost output and employment levels and maintaining price stability. Two mainstream polices tasked with regulating the economy to achieve these multiple goals are monetary and fiscal policies. These policies use different instruments to influence the...

This set of policy briefs has the objective of profiling disaster risk management (DRM) policies in five selected member States of the Caribbean Development and Cooperation Committee: Barbados, Guyana, Saint Lucia, Suriname, and Trinidad and Tobago. The present publication is the second that...

This 2019 Article IV Consultation highlights that Guyana's economic growth strengthened in 2018 with broad-based expansion across all major sectors. The medium-term prospects are very favorable as oil production is on schedule to begin in early 2020. Economic growth is projected at 4.4 percent...

Guyana is one of the poorest countries in Latin America and the Caribbean (LAC) in terms of level of human development and state of health. Infectious diseases were the leading causes of death until the 1950s, a continuation of a trend from the previous century. From 1911 to the early 1950s, the...

Guyana’s population has been contracting for years now, particularly its Indian component which is still the largest. Indians are concentrated in four regions, where close to 70 percent of them live. Africans are highly concentrated in Regions 4 and 10, where two-thirds of them live. Mixed...

This dataset contains tax revenue collected by Guyana. It provides detailed tax revenues by sector (Supranational, Federal or Central Government, State or Lander Government, Local Government, and Social Security Funds) and by specific tax, such as capital gains, profits and income, property,...

Economic growth slowed down, but became more broad-based. In 2017, real GDP growth was 2.1 percent, with the non-mining GDP rebounding from its contraction in 2016. The external balance turned negative due to weaker than expected export growth and higher oil prices. Inflation remains relatively...

This report examines the impact of the REDD+ agreement between Guyana and Norway on indigenous communities in the country. Through literature review, analysis of secondary data, and interviews with indigenous chiefs and other informed stakeholders, it aims to understand the concerns, hopes, and...

This dataset contains tax revenue collected by Guyana. It provides detailed tax revenues by sector (Supranational, Federal or Central Government, State or Lander Government, Local Government, and Social Security Funds) and by specific tax, such as capital gains, profits and income, property,...

This 2017 Article IV Consultation highlights the expansion of Guyana's real economic activity by 3.3 percent in 2016. Subdued agricultural commodity prices, bad weather, and delays in public investment weighed down activity, while large increases in gold output helped support growth. Consumer...

Bai Shan Lin (BSL), a partially state-owned Chinese logging company began operating in 2007 in Guyana, a small but resource-rich South American country nestled between Venezuela and Suriname on the Caribbean coast to the north of Brazil. The victory of the ‘A Partnership for National Unity'...

The 15 columns document and analyze the principal forestry-related processes and events in Guyana during the final three-years in office (2011-2015) of the ethnic East Indian-dominated government that ruled uninterruptedly for 22 years (1992-2015). The evidence and consequences for the forests,...