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Guyana Budget & Policy Institute
Guyana Budget & Policy Institute
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Work, Income & Poverty

Our country is diverse, blessed with an abundance of natural resources, strategically located, and full of untapped potentials. Yet, far too many hard working Guyanese live in poverty, cannot afford to send their children to school or invest in their future, have low-paying jobs, and are less hopeful about ever escaping the vicious cycle of poverty. Through our analyses of employment, incomes, and overall economic security, the Budget and Policy Institute seeks to highlight policies or a lack thereof that may be contributing to such poor outcomes and potential policy approaches for helping low- and middle-income Guyanese to succeed.

FEATURED RESOURCES

Guyana has the 5th Highest Unemployment Rate Among CARICOM Member States

Fact Sheet, Featured Resources, Work, Income & PovertyBy Dhanraj SinghJuly 20, 2017

An unemployment rate of 11.4 percent represents a sizable portion of the labour force without the opportunity to pursue their own economic prosperity and contribute to the creation of wealth in the economy. Lawmakers concerned about improving the economic and social well-being of families and economic growth should adopt policies that would stimulate the economy, encourage private investments and create job good paying jobs.

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Unbalanced Growth: Guyana’s Manufacturing and Agriculture Sectors Declined by 10 Percent Each, Despite Economic Growth of 3.3 Percent in 2016

Featured Resources, Policy Briefs, Work, Income & PovertyBy Dhanraj SinghJuly 20, 2017

The significant decline in manufacturing and agriculture output and the slowdown in services sector activities indicate a major shift from stable growth to more high-risk growth in the economy. Despite a positive overall growth, output in the manufacturing and agriculture sectors dropped by 10 percent each. The government should adopt policies to restore consumer confidence and thus private consumption spending, and attract new investments to boost growth.

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Guyana’s Economy Ranks Almost Last Among CARICOM Member States

Fact Sheet, Featured Resources, Work, Income & PovertyBy Dhanraj SinghJuly 20, 2017

Guyana’s Economy Ranks Almost Last Among CARICOM Member States   DOWNLOAD PDF The size of an economy is measured by the total value of all goods and services produced in a year – also called Gross Domestic Product (GDP). GDP per-person (also called GDP per-capita) is total GDP divided by the population. The value of…

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Smiley face The Guyana Budget & Policy Institute is a non-partisan and non-profit organization that promotes evidence-based and commonsense budget, tax and economic policies for building a strong and vibrant economy that provides opportunities for all Guyanese.
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  •  
  • ABOUT
    • VISION
    • OUR WORK
    • TEAM
    • BOARD
    • PARTNERS
    • SUPPORT US
  • POLICY ISSUES
    • BUDGET
    • TAXES
    • EDUCATION
    • HEALTH & HUMAN SERVICES
    • WORK, INCOME & POVERTY
  • RESOURCES
    • ALL RESOURCES
    • FACT SHEETS
    • POLICY REPORTS
    • POLICY BRIEFS
    • EXTERNAL
  • NEWS & MEDIA
    • RELEASES & OTHER MEDIA INFO
    • BUDGET INSTITUTE IN THE NEWS
  • BLOG
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