Skip to main content

Reply to "The Cummingsburg Accord Is Too Good to Be True Because It Is. Which President Surrenders "Domestic Affairs" to A Small Party?"

Originally Posted by Kari:

I'm re-posting this (from my response on another thread) to ask Redux about the economic plans (online offered at meetings) by the opposition.

 

 

======================================================

Guyana has had a construction boom for a few years now that was helped partly by the boom in gold prices.

 

The question is whether the PPP's mediocre stewardship of the economy - failing to transform it from a primary-producing income nation to onw of value-added products and services. It hasn't shown much in the way of using its ownership of the airwaves to make telecommunications affordable and efficient by the private sector. It's friends have totally monopolized this area and with a lack of education policies to encourage technology proficiency, all we can do is have a couple of call centers.

 

Given the poor infrastructure and civil institutions - the police and tourism officials - Guyana has failed to take advantage of initiatives on the back-end of sun-n-sand packages and boat cruises.

 

All of this because of a politburo style governance that is stifling innovation and enterprise. The PPP is being fooled by the laundered liquidity floating around the economy. Energy - both hydro and hydro-carbon - are long-gestation projects that require foreign capital and expertise. We are yet to see much returns in this area after a decade when oil prices were going up and up. Now with shale oil production in the US costing less than $40 a barrel Guyana will be faced with a tough situation here.

 

The PPP seems satisfied with the rice-farming areas and the Indian business class (including huckster class businesses) and rely on the sugar belt lethargy when it comes to voting or fear of the PNC.

not sure what this has to do with me

FM
Last edited by Former Member
×
×
×
×
×
×