Many countries have used natural resources extraction to realize energy independence, as well as strong economic and social outcomes. However, for every success story there are sobering lessons for new producers, such as Guyana. Lessons premised on the principles of proactive and coherent petroleum sector governance, inclusive policy formulation, and social … [Read more...] about Bucking the trend: Why institutions matter in Guyana’s hydrocarbon sector
Photo courtesy of Wikimedia Commons, User, Jason Hise STEM, an acronym for Science, Technology, Engineering and Mathematics, essentially defines the preparation of students in the proficiency in these core units while placing emphasis on modelling real world problems and simulating solutions. Whether STEM initiatives are integrated into or stand apart from regular … [Read more...] about STEM: Where the Caribbean stands?
Photo courtesy of Wikimedia Commons, User Barry Haynes The Caribbean has long been plagued by low growth, high unemployment, burdensome fiscal deficits, debt, and a high susceptibility to global shocks. Notwithstanding an economic history that is characterized by interventions by the International Monetary Fund (IMF) and the World Bank (WB) that many historians and … [Read more...] about Devaluation: An option for the Caribbean?