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Economic Survey of Latin America and the Caribbean 2007-2008

Macroeconomic Policy and Volatility

image of Economic Survey of Latin America and the Caribbean 2007-2008

The Economic Survey is one of ECLAC's flagship publications, and has been issued since 1948. This new edition covers the region's economic performance in 2007 and the first semester of 2008, and suggests growth estimates for this year.

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Guyana

During 2007, the economy of Guyana continued on a path of recovery and expansion, recording growth of 5.4%. This was a record high for the last decade and followed a period of stagnation between 2000 and 2005, when growth averaged less than 0.2%. New investments and projects in several productive sectors (sugar processing, hydroelectric generation, gold and bauxite mining, oil extraction, etc.) are intended to boost and sustain economic growth over the next few years.

English

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