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How can a country with the lowest GDP per capita, and one so poor that it is the ONLY CDB country, aside from Haiti, to get concessional loans be a model?

 

I am not even concerned about the drug trafficking bit because the other countries are no better.

 

Did you note "SUCCESSIVE GUYANESE GOVERNMENTS".  He includes Hoyte as well as the PPP.

FM
Last edited by Former Member
Originally Posted by caribny:

How can a country with the lowest GDP per capita, and one so poor that it is the ONLY CDB country, aside from Haiti, to get concessional loans be a model?

 

I am not even concerned about the drug trafficking bit because the other countries are no better.

 

Did you note "SUCCESSIVE GUYANESE GOVERNMENTS".  He includes Hoyte as well as the PPP.

Have you applied yet to be head of the CDB? Cause it seems you're more knowledge in economics than the folks at the IMF, World Bank and CDB. I bet you would have agreed if Dr Smith's view on Guyana's economy mirrored yours

FM
Originally Posted by albert:
Originally Posted by caribny:

How can a country with the lowest GDP per capita, and one so poor that it is the ONLY CDB country, aside from Haiti, to get concessional loans be a model?

 

I am not even concerned about the drug trafficking bit because the other countries are no better.

 

Did you note "SUCCESSIVE GUYANESE GOVERNMENTS".  He includes Hoyte as well as the PPP.

Have you applied yet to be head of the CDB? Cause it seems you're more knowledge in economics than the folks at the IMF, World Bank and CDB. I bet you would have agreed if Dr Smith's view on Guyana's economy mirrored yours


Mr. Smith made note of the SPECIAL poverty facility for Guyana.  He also made note of the work of SUCCESSIVE governments.  He gave Hoyte credit.  So if you accept what he said, chapter and verse, accept that too.  And he clearly included Hoyte because he said that successful govts pursued the same policies.

 

Mr. Smith is fully aware that the liberalization of the economy under Hoyte set the stage for a rebound.

 

There are only two CDB countries which can borrow on that poverty window.  Guyana and Haiti.  This after 22 years of PPP rule.

 

I notice that you didnt dispute the fact that Guyana remains the poorest country in the English speaking Caribbean, despite its vast resource base.

 

Note that the bulk of what he referred to was Guyana's POTENTIAL.  Well we had that potential since 1953 and remain poor.

FM
Last edited by Former Member
Originally Posted by KishanB:

This man from CDB is an alien to the political plight of the Guyanese.  He is a mulato from the islands that does know poverty.

Don't be so hard on him.  As president of the CDB he has to be diplomatic and say nice things. 

 

Next year he will be in St Kitts and will tell every one who they must follow the St Kitts model.  Yes they also have the same political deadlock that Guyana has because two MPs, who were from from the ruling party, have now abandoned the party, accusing the PM of being corrupt.  The PM refuses to hold an election because he fears that he will lose.  He has tied up the no confidence motion in the courts.

 

 

FM

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