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Impact of oil price shock on Guyana’s macroeconomic activities

Crude oil is an important source of energy and used in domestic as well as transport and industrial sector widely. This is the reason...

The potential economic effects of a global pandemic on the Guyanese...

The global economic activity will be more strongly affected by a pandemic with high infection rates rather than high virulence rates, all else being...

Market arrangements for Guyana’s gas supply framework

In a market-oriented framework, it is partly up to customers themselves to determine what degree of security they want – for example, they can...

Measuring and valuing Guyana’s potential for gas security of supply

Energy is a vital part of every aspect of modern life in Guyana and for our continued economic prosperity. There is at present no...

Factors to consider for a gas generation strategy for Guyana

Natural gas generating capacity will form an integral part of Guyana’s future energy generation mix and it will be a reliable and flexible source...

The importance of transparency for Guyana’s petroleum management

Institutional mechanisms that could be implemented through a Natural Resource Fund (NRF) covers those that aim to promote transparency and the dissemination of information....

Separation of powers to govern Guyana’s political economy

A reliance on rules is vulnerable to the possibility that policymakers have incentives to break them. In states where the costs of breaking rules...

Institutional mechanisms for Guyana’s natural resources wealth management

Rules One possible solution to the problem of overspending is to remove the government's discretion over how natural resource wealth is spent. Most Natural Resource...

Challenges to prudent policies for Guyana’s political economy

Transparency                                       The public observes aggregate government expenditure...

Spending and political support from Guyana’s natural resources revenues

There is an important fact that must be addressed for new oil-producing states such as Guyana: The government's spending decisions can affect the incumbent's...