OP ED: THE END OF THE GOLDILOCKS ECONOMY

By Mohamed Irfaan Ali

INTRODUCTION

The Bank of Guyana Annual Report 2016 has confirmed the pervasive sense that the economy is not working. As key traditional sectors continue to wilt, with the exception of gold, the lackluster year of 2016 from all indication points to the commencement of a meltdown of our economy. The highly serendipity 3.6% growth rate in our GDP was attributed mainly to the windfall gain in gold through higher price. However as most contemporary macroeconomist would concur, a growth in GDP merely reflects economic growth but not economic development. The latter is the ultimate achievement and would determine if we would benefit from improved access to health care, education, housing etc. Given the starry-eyed feature of this administration, economic development will be more of a longing desire than an imminent achievement. Continue reading OP ED: THE END OF THE GOLDILOCKS ECONOMY

OP ED: The Blacklist…

By Mohabir Anil Nandlall

The news that 200 persons are ‘blacklisted’, that is, prevented from leaving the country by the Guyana Police Force, more particularly, the Special Organised Crime Unit (SOCU), must have sent shivers down the spine of law-abiding and freedom loving Guyanese. Were Guyana of greater global significance, this would have made the headlines at both CNN and BBC. Continue reading OP ED: The Blacklist…

What purpose does Kissoon’s hateful pronouncements against former President Jagdeo serve?

 

By Nigel Hinds

Mr. Fredrick Kissoon has used his platform at Kaieteur News to demonize the character, reputation and accomplishments of Guyana’s former President, Mr. Bharat Jagdeo by constantly, relentlessly and irrationally speaking ill of Jagdeo. What purpose does this serve? How does such asinine commentary pass the print test at Kaieteur News? It is beyond comprehension to see what utility the hateful pronouncements made by Kissoon on the former President of Guyana advances our public discourse. Continue reading What purpose does Kissoon’s hateful pronouncements against former President Jagdeo serve?

Letter: Badal needs to come clean on pressing issues if he wants to have any credibility

Bishop Juan Edghill PPP/C MP

Chairman of GPL, coalition financier Robert Badal, has accused former President and Leader of the Opposition, Dr. Bharrat Jagdeo, of having an “irresponsible, deceitful nature”.

He was alluding to Dr. Jagdeo’s contention that GPL has accumulated the sum of an estimated $20 billion “… because they (GPL) did not lower the price of electricity when the price of fuel fell on the world market” (proportionate to the drop of fuel prices).” Continue reading Letter: Badal needs to come clean on pressing issues if he wants to have any credibility

LETTER: Granger’s statements undermine separation of powers principle

No one can sensibly dispute that an independent and effective judiciary is not only the sine qua non of any democracy, but it is the very foundation upon which the edifice of civil society rests. “If the judiciary is to perform its functions and duties effectively and remain true to the spirit with which they are sacredly entrusted to it, the dignity and the authority of the courts have to be respected and protected at all costs otherwise, the very cornerstone of our Constitutional scheme will give way, and with it will disappear the rule of law and the civilized life in the society.” (Justice Sawant: Re Vinay Chandra Mishra (1995) 2 SCC page 584). Although the above statement was uttered by a judge of the Indian Supreme Court, that it rings true of the Guyanese judiciary and indeed judicial systems everywhere, there can be no doubt. Continue reading LETTER: Granger’s statements undermine separation of powers principle