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Tag Archives: political environment

Guyana’s economic diversification paying off, political situation not scaring away investors -Jordan

Finance Minister Winston Jordan on Wednesday boasted that Guyana’s economy last year grew by 4.7 percent despite poor performances in traditional sectors, and that investors continue to ink concrete deals regardless of the political environment. Addressing the symbolic start of the construction of two major hotels on 10 acres of land at Ogle, East Coast Demerara, he said last year’s ...

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OPINION: Prisoner’s Dilemma and a call to extend and reform

Guyana’s political establishment is faced with a version of the Prisoner’s Dilemma. By Terrence R. Blackman (PhD) and Thomas B. Singh (PhD) July 11, 2019 The Prisoner’s Dilemma is a well-known concept in modern game theory. It is a paradox in decision analysis in which two players, each acting in her own self-interest, will fail to produce the optimal outcome.  ...

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“Significant” slump in business due to looming political uncertainty – Georgetown Chamber of Commerce

The Georgetown Chamber of Commerce and Industry (GCCI) on Monday reported that its members have so far experienced a significant decline in business activity due to political uncertainty associated with the no-confidence motion. GCCI President, Deodat Indar told Demerara Waves Online News that a two-question questionnaire was administered online to its 240 members. However, Indar did not state how many ...

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