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Tuesday, May 21, 2019
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Tag: Bobby Gossai Jr.

Designing energy subsidy reform strategy for emerging economies

Many countries have incorporated specific measures into their subsidy reform strategies to overcome the barriers of energy improvement. Country reform experiences suggests the following...

Reforming local energy subsidy and competitiveness

Energy subsidies are pervasive and impose substantial fiscal and economic costs in most countries. On a – pre-tax basis, subsidies for petroleum products, electricity...

Macroeconomic effects of oil price volatility and the implications of energy...

Sharp increases in the price of oil and other energy products are referred to as classical examples of negative supply shocks (Hamilton 2005). Increases...

Management of resource income spending for Guyana

Countries making resource discoveries often find themselves facing a number of important and difficult decisions. One such decision regards whether to set up a...

Centralise resource-revenue management to boost economic growth and development

One of the main risks of rising inequality in resource-rich countries; is the response on how to divide resource revenues between central and subnational...

Enabling resource-rich Guyana to reduce poverty and inequality

What should a government in a resource-rich state do about the gap between rich and poor populations (vertical inequality), and the gap between resource-rich...

The push for a fast development agenda for the emerging Guyanese...

To understand why, in the case of most countries, stronger linkages with the rest of the economy have not emerged over time, it is...

Infrastructural development linkages from the newly discovered resource

Asking what constitutes successful development in the cases of countries with extractive sectors is a useful way of circumventing the biases stemming from the...

Considerations for delivering a successful extractives-Led growth agenda for Guyana

In terms of practical policy and economic advice, the extractives-led growth agenda has tended to reinforce domestic, government and investor pressures to ‘develop fast’....

Allowing resource revenues to be good for the emerging Guyanese economy

There is economic logic in the argument that resource revenues can improve a country’s growth prospects, potentially unleashing a trend towards higher levels of...