Money Demand in Guyana

Bossogo, Philippe Egoume

doi:10.5089/9781451854169.001

Cited by 3 publications

(3 citation statements)

References 13 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Instead of import substitution industrialization, the policy makers switched to a policy of promoting exports as a strategy for growing the economy. This new policy was expected to bring a turnaround in the economy by having the country to earn more foreign exchange from exports; the country be able to afford more capital imports into the country; the country’s negative trade balance reduced or eliminated; the negative imbalance between the supply and demand for foreign currency reduced, if not eliminated; the country be in a better position to repay its foreign debts; the country experience positive rates of economic growth. For more discussion on the conditions in Guyana that led to trade liberalization and the adoption of export promotion as a policy for growing the economy, see Egoumé-Bossogo, et al (2003); Gafar (2003); and Modeste (2016), among others.…”

mentioning

confidence: 99%

“…For more discussion on the conditions in Guyana that led to trade liberalization and the adoption of export promotion as a policy for growing the economy, see Egoumé-Bossogo, et al (2003); Gafar (2003); and Modeste (2016), among others.…”

mentioning

confidence: 99%

“… 3. For a good discussion of Guyana’s economic problems over the 1970s and 1980s, and the measures adopted to improve conditions in the economy, see Egoumé-Bossogo et al (2003) and Gafar (2003). …”

mentioning

confidence: 99%

See 2 more Smart Citations

The Impact of Trade Liberalization on Export Supply and Poverty in Guyana: Evidence From Cointegration Analysis

Modeste

2019

The Review of Black Political Economy

View full text Add to dashboard Cite

Using the cointegration and error correction methodologies, this article studies the impact of trade liberalization on the supply of exports and poverty in Guyana from the early 1980s to the mid-2010s. From the empirical results of this study, two important points emerge. The first point is that, for Guyana, trade liberalization has resulted in the expansion of the country’s supply of exports and the reduction in its poverty rate. The second point is that the impact of trade liberalization on export supply and poverty has been quite small. In addition, this study finds that the real effective exchange rate and the growth of the economy along with the growth of the agricultural sector were important drivers for expanding the country’s supply of exports and reducing its poverty rate over the period covered in this study.

show abstract