GuyanaGuyanaPrimed for National Primed for National DevelopmentDevelopment

Sharad AggarwalSharad AggarwalIB8710 – Georgia State UniversityIB8710 – Georgia State UniversityApril 14, 2005April 14, 2005

LocationLocation

Guyana =Guyana =

““Land of Many Rivers”Land of Many Rivers”

Northern Coast ofNorthern Coast ofSouth AmericaSouth America

80 degrees80 degrees

Quick FactsQuick Facts Size: Size: 214K square kilometers, 83K square miles 214K square kilometers, 83K square miles Population:Population: 705,803 90% coastal 705,803 90% coastal Average Annual Income: Average Annual Income: $860 USD$860 USD Religions:Religions: Christian, 50 percent; Hindu; Muslim; Christian, 50 percent; Hindu; Muslim;

othersothers Life Expectancy:Life Expectancy: 62 years 62 years Languages: Languages: English, Amerindian dialects, Creole, English, Amerindian dialects, Creole,

Hindi, UrduHindi, Urdu Ethnic groups: Ethnic groups: East Indian, 50 percent; African East Indian, 50 percent; African

origin; Amerindian; white; Chinese; and mixed origin; Amerindian; white; Chinese; and mixed origin origin

(Source: U.S. Central Intelligence Agency, World Factbook 2003)(Source: U.S. Central Intelligence Agency, World Factbook 2003)

The GoodThe Good Independence from Britain in 1966Independence from Britain in 1966 Verified Functional Stable DemocracyVerified Functional Stable Democracy English SpeakingEnglish Speaking High LiteracyHigh Literacy Abundant Natural ResourcesAbundant Natural Resources Large Hydropower PotentialLarge Hydropower Potential Effective Social InfrastructureEffective Social Infrastructure

(Schools, Hospitals, Medical Centers)(Schools, Hospitals, Medical Centers) 125,000 Internet Users (2002)125,000 Internet Users (2002)

The BadThe Bad

High 35% Poverty Low Infrastructure

(Poor Roads, Electricity, Telecom) Unskilled Labor Very High Emigration 80,400 (2002) Main line80,400 (2002) Main line 87,300 (2002) Cell87,300 (2002) Cell

The UglyThe Ugly

Cultural Political Division:Cultural Political Division: Indo-Guyanese support the Peoples

Progressive Party African-Guyanese the Peoples National

Congress

1977-1989 interventionist policies collapsed the economy

Emigration! Racism! Oh My!

FrameworkFramework

FixFix

Solicit Multinationals with Natural Solicit Multinationals with Natural ResourcesResources

Hydropower?Hydropower? Bi-Partisan Political EffortsBi-Partisan Political Efforts ““Scourge” of RacismScourge” of Racism IT PromotionIT Promotion