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SME DevelopmentTourism and Hospitality Association of Guyana (THAG)Email contact: thag@networksgy.com Description of organisation: THAG is an umbrella body of all Tourism related entities in Guyana. Members include hoteliers, resort owners, tour operators, travel agents, restaurants, jewellery and craft shops, transportation services among others. This association was formed twelve years ago by a small group of five persons. THAG is also a member of the Caribbean Hotel Association. THAG is an umbrella body of all Tourism related entities in Guyana. Members include hoteliers, resort owners, tour operators, travel agents, restaurants, jewellery and craft shops, transportation services among others. This association was formed twelve years ago by a small group of five persons. THAG is also a member of the Caribbean Hotel Association.
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Doing Business in GuyanaDescription: The Doing Business database provides objective measures of business regulations and their enforcement. The Doing Business indicators are comparable across 175 economies. They indicate the regulatory costs of business and can be used to analyze specific regulations that enhance or constrain investment, productivity, and growth. Database The Doing Business database provides objective measures of business regulations and their enforcement. The Doing Business indicators are comparable across 175 economies. They indicate the regulatory costs of business and can be used to analyze specific regulations that enhance or constrain investment, productivity, and growth.
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Assessment of the Supply and Demand of Microfinance Services for Very-Low Income Populations in Guyana and SurinameDescription: Executive Summary The purpose of the consultancy is to assess the potential demand and the effective supply of microfinance products specifically designed for very low-income people in Suriname and Guyana. Results and recommendations are mainly directed to national and foreign investors (i.e. Microfinance institutions, NGOs, consortia, etc.) willing to extend their operations to potentially underserved markets. Methodology The consultant ran a preliminary desk activity to determine relevant providers of financial and non-financial services for poor people in Guyana and Suriname and a rough estimation of the local demand. Fieldwork consisted of meetings with market players and local population to verify estimates both of the supply and the demand. Counterproofs and feedbacks for both assessments were obtained through interviews with practitioners, national authorities and apex organizations. Document Executive Summary The purpose of the consultancy is to assess the potential demand and the effective supply of microfinance products specifically designed for very low-income people in Suriname and Guyana. Results and recommendations are mainly directed to national and foreign investors (i.e. Microfinance institutions, NGOs, consortia, etc.) willing to extend their operations to potentially underserved markets.
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Linden Economic Advancement Programme (LEAP)Description: EAP is a Government of Guyana and European Union programme with the objective of fostering entrepreneurship and enterprise for economic development of the town of Linden. In the face of continued decline of the bauxite industry in Region 10, and the consequent severe economic dislocations, the Government of Guyana and European Union initiated efforts to expand Region 10’s economic base through the diversification of the local economy away from the traditional bauxite dependency. The Linden Economic Advancement Programme LEAP was launched in 2002 with a planned injection of Euro €12 million for the execution of the project over a seven year period. Website EAP is a Government of Guyana and European Union programme with the objective of fostering entrepreneurship and enterprise for economic development of the town of Linden. In the face of continued decline of the bauxite industry in Region 10, and the consequent severe economic dislocations, the Government of Guyana and European Union initiated efforts to expand Region 10’s economic base through the diversification of the local economy away from the traditional bauxite dependency. The Linden Economic Advancement Programme LEAP was launched in 2002 with a planned injection of Euro €12 million for the execution of the project over a seven year period.
Small and Medium Forest Enterprise in GuyanaDescription: Authors : Raquel Thomas, Duncan Macqueen, Yolanda Hawker and Taryn DeMendonca Authors : Raquel Thomas, Duncan Macqueen, Yolanda Hawker and Taryn DeMendonca
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Competitiveness of the manufacturing and agro-industrial sector in the Caribbean with a focus on Dominica, Guyana, St. VincentDescription: Background and introduction Change is the only constant in today's global economy. Countries that are flexible and prepared to undertake necessary change are more likely to grow and prosper in this challenging economic environment. The Caribbean economies were founded on trade and exchange. As a result, global commodity shocks and the need for domestic adjustment are not new to the region. In spite of this, though, much of the Caribbean production and exports are still based on preferential access to markets. This is so whether it is sugar, bananas and rum to the European Union (EU) market under the Lomé Convention; beef, rum and tobacco to the United States under the Caribbean Basin Initiative (CBI); or a range of commodities to Canada under CARIBCAN, (notable exception being textiles, clothing and footwear). Trade liberalization, market opening and access stipulations by developed countries in the 1990s mean that the era of preferences may be fast coming to a close. The market is now the major shaper of the prospects and fortunes of countries. Moreover, the market is founded on competition that rewards efficiency and productivity. This means that the competitiveness of a nation's firms is an increasingly important determinant of its ability to generate wealth in international trade. Competitive industries reinforce the virtuous link between international trade, domestic growth and employment. The creation of the World Trade Organization (WTO) with a mandate to regulate a liberal trading regime means that Caribbean manufacturers and other producers will have to play by the rules of the game. Protectionist policies that have sheltered less efficient producers are under attack. The regional manufacturing and agro-industrial sectors will have to compete on their own merit. In addition, with changing trade rules regulated by international arbitration bodies, competition policy would provide the basis for ensuring that firms play by the rules. Such rules seek to ensure that firms are not engaged in anti-competitive practices, such as illegal mergers and acquisitions, dumping and resale price practices. As an adjunct to this, the elements of industrial policy will fall increasingly under the microscope of such dispute settlement bodies. This study examines the competitiveness of the manufacturing sector in the Caribbean with a focus on four countries. The countries selected are Dominica, Saint Vincent and the Grenadines, Guyana and Trinidad and Tobago. These countries are deemed to be fairly representative of the Caribbean Community (CARICOM), as a whole, in terms of the structure and market performance of the sectors. The study arose out of the recognition that the sectors have performed well below expectations in the past. The paper is divided into the following sections: Section 2 defines competitiveness and examines its foundations; Section 3 provides an analysis of the structure of the regional manufacturing sector and the factors that influence the competitiveness of the sector; Section 4 provides an indicator of manufacturing export competitiveness; Section 5 outlines some policies for strengthening the competitiveness of CARICOM manufacturers; and Section 6 draws some conclusions. Background and introduction Change is the only constant in today's global economy. Countries that are flexible and prepared to undertake necessary change are more likely to grow and prosper in this challenging economic environment. The Caribbean economies were founded on trade and exchange. As a result, global commodity shocks and the need for domestic adjustment are not new to the region. In spite of this, though, much of the Caribbean production and exports are still based on preferential access to markets. This is so whether it is sugar, bananas and rum to the European Union (EU) market under the Lomé Convention; beef, rum and tobacco to the United States under the Caribbean Basin Initiative (CBI); or a range of commodities to Canada under CARIBCAN, (notable exception being textiles, clothing and footwear).
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Presidential Summit on Private Sector DevelopmentDescription: The Presidential Summit is an historic moment in the history of Guyana’s economic development for private and public sector leaders to collaborate in reviewing important progress achieved and in formulating and taking next action steps to create a positive economic future for the country... Website The Presidential Summit is an historic moment in the history of Guyana’s economic development for private and public sector leaders to collaborate in reviewing important progress achieved and in formulating and taking next action steps to create a positive economic future for the country...
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Trade Policy Review - Report by the Government of GuyanaDescription: This is the 2003 Report of the Government of Guyana to the World Trade Organisation after a review of the trade policy at the time. The document is linked from the website of the Caribbean Regional Negotiating Machinery. Document This is the 2003 Report of the Government of Guyana to the World Trade Organisation after a review of the trade policy at the time. The document is linked from the website of the Caribbean Regional Negotiating Machinery.
Report of the year 2005 - Ministry of Tourism, Industry and CommerceDescription: This document is the report of the Ministry for the year 2005. The Ministry has under its portfolio the areas for commerce, industry, consumer affairs , the Guyana National Bureau of Standards, the National Exhibition Centre and the Guyana Tourism Authority. Document This document is the report of the Ministry for the year 2005. The Ministry has under its portfolio the areas for commerce, industry, consumer affairs , the Guyana National Bureau of Standards, the National Exhibition Centre and the Guyana Tourism Authority.
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Young Women's Christian AssociationEmail contact: ywca@networksgy.com Description of organisation: We are committed to the promotion of the highest welfare of all women or girls, both by direct spiritual means and through social intellectual social and physical agencies, so as to help them develop their full potential and to contribute to the development of the nations by helping to mould Guyana’s womanhood. We are committed to the promotion of the highest welfare of all women or girls, both by direct spiritual means and through social intellectual social and physical agencies, so as to help them develop their full potential and to contribute to the development of the nations by helping to mould Guyana’s womanhood.
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