HomeContact Site map   Google    www    iipm think tank
   
   
Home Scrutiny Publications Under Cover Mus'ings  
 

Home > Scrutiny > Adieu to misery? Still not done...

  
   
     
   Case Studies  
       
  Marketing    
  Human Resource    
  Information Technology    
  Finance    
  Strategy    
       
 
     
   Industries  
       
  Steel    
  Glass    
  Banking    
  Prophylactic    
  Auto    
  Hospitality    
  Energy    
       
 
     
   Other links  
       
  IIPM    
  Planman Consulting    
  Planman Marcom    
  Planman Technologies    
  Daily Indian Media    
  Planman Financial    
  4P's Business and Marketing    
  Business and Economy    
  The Daily Indian    
  The Sunday Indian    
  Arindam Chaudhuri    
  GIDF    
       
 
  
         
Scrutiny
  
Adieu to misery? Still not done...
Except crime, nothing is growing...
06/09/2007

The world associates Guyana more with ‘Jonestown’, the murder-suicide of the priest Jim Jones’ thousand followers in Guyana in 1978 than as the lowest populated American nation. Jonestown was a gloomy representation of Guyana’s struggles at a crossroad of totalitarian governance.

However, much has changed since then. Forbes Burnham with his political party, People’s National Congress, has been replaced by People’s Progressive Party. But, Guyana finds itself again at a crossroad because of a combination of political, environmental & economical problems as the country come to grip with democratic governance & liberal economics. Caribbean Developmental Bank stated in 2003 that Guyana achieved GDP-per capita of $986 & with mere 0.7% growth. Though, later the economy has recuperated to 3.2% growth in 2006 but it still remains hopelessly one of the poorest economies in western hemisphere. Despite debt relief from developed economies & international financial agencies, it carried a debt burden of $1.08 billion in 2004. The 2005’s highest rainfall since 1988 has caused severe damage, costing US$500 million to the economy & the consequences seriously tested efficiency & effectiveness of the government. Dynamics of party campaign financing is an example of how illegal entrepreneurs & few affluent individuals influence electoral selection & civic policy. Horrific crimes like murders have declined but kidnappings, arm robberies increased by 50% in 2005 over previous year. While the government has miles to go, it needs to resolve the issues with judiciary which will fortify the transparency of judiciary chancellor appointment, which in turn is expected to fortify the transparency of judiciary system. But then, are they listening???

By:- B&E
Back

  
 
 
       
Home | Scrutiny | Publications | About us | Contact us
Copyright @2010 iipm think tank. All rights reserved.