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economic growth

The Colonial Origins of Guyana’s Underdevelopment

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Dutch settlements on the coastal plain locked Guyana into polder agriculture and, inadvertently, ensured a small, widely dispersed population. The former requires high cost drainage, irrigation and agricultural production. The latter also implies high costs, as infrastructure, for example,—cannot be distributed over a large enough population. Wages were therefore suppressed by immigration, which increased the elasticity of supply of labour, and facilitated the playing off of one ethnic group against the other.

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COVID-19 and the Repositioning of OECS Economies

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The economies of the Organisation of Eastern Caribbean States
(OECS) have been significantly impacted by the coronavirus disease 2019
(COVID-19) pandemic. The economic impacts have been manifested through
significant declines in employment and gross domestic product levels. Declining
economic outcomes imply that the COVID-19 pandemic represents a significant
negative global shock that further limits these economies’ ability to achieve
United Nations’ Sustainable Development Goals. Given the economic long-term

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Long-Run Relationship among Energy Exports, Manufacturing Exports, and GDP Per Capita in Resource-Rich SIDS: Evidence from Trinidad and Tobago

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