Chronicles of CARICOM Countries: Guyana - by Shineco Sutherland
The totality of something is the sum of all its constituent parts. In that vein, lets talk about one part of CARICOM - Guyana. Isn't Guyana such a fascinating country? π€π€. I think that it isπ. It is replete with natural resources, situated in South America "on the doorsteps" of huge consumer markets (for eg. Brazil) but simultaneously it has a large diaspora and its currency is among the lowest valued in the region. Nowadays? Guyana seems to be on a newsworthy streak: the discovery of oil, election stand-offs and the recent liberalisation of its telecommunication sector. Stick around if you are interested in the unpacking of some of these issues. In relation to the discovery of oil in Guyana, a plethora of narratives abound. One publication notes the new COVID-19 induced reality which has drastically reduced oil prices and dampened growth forecasts; others restarted discussions on the resource curse which sees resource-rich countries continue to be plagued by...