Home Articles Professor Clive Thomas Global Crisis
Global crisis- Guyana and the wider world
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1 Remittances: Wages of sin or hard-working emigrants Sunday, 31 October 2010 1300
2 Statistical illusion or real changes: Guyana’s new rebased national accounts Sunday, 10 October 2010 3608
3 Magnification or manipulation: Guyana’s rebased national accounts series Sunday, 03 October 2010 1120
4 The magnifying effect of rebasing the national accounts calculations Sunday, 26 September 2010 2989
5 Constrained dependence on official external financing Sunday, 19 September 2010 1092
6 Facing external shocks: The perils of debt and capital inflows-led growth Sunday, 12 September 2010 1137
7 Cesspools of financial chicanery and political intrigue Monday, 06 September 2010 2681
8 Global response to the global crisis Monday, 06 September 2010 1039
9 Economic pitfalls: The scourge of trade and exchange rate dependence Sunday, 05 September 2010 1784
10 Too small, too poor, too open: Coping with the global economic shocks Sunday, 29 August 2010 1055
11 Whistling in the dark: Political spin, slothfulness and lack of coordination Sunday, 22 August 2010 6646
12 The enigma of global financial markets: Stress testing ‘worked’ as bank failures intensify Sunday, 15 August 2010 965
13 Coping with financial meltdown and contagion: ‘Stress-testing’ banks Sunday, 08 August 2010 1062
14 2008: Shocks to the Guyana economy and its prospects for 2009 Monday, 25 January 2010 1128
15 What will happen to the region’s economy? Monday, 18 January 2010 981
16 How are the global economic reverses channelled to Caricom economies? Monday, 11 January 2010 1013
17 Jump-starting the WTO negotiations: Can the serial violators deliver? Sunday, 22 November 2009 934
18 A tale of betrayal: Driving the juggernaut of trade barriers against poor countries Sunday, 15 November 2009 940
19 All that glitters is not gold: Harvesting the broken pledges of the G20 Sunday, 08 November 2009 944
20 The Fool’s Gold of Global Economic Diplomacy: Pledges Made by Rich Countries to Poor Ones Sunday, 01 November 2009 939
21 Pledging trade policy reform to cope with the global crisis Sunday, 25 October 2009 934
22 Responding to Some Readers Queries Sunday, 18 October 2009 949
23 Staring at the Abyss of Global Trade Collapse Sunday, 11 October 2009 940
24 Coping with crisis: trade matters Sunday, 04 October 2009 966
25 Global recovery and downside risks Sunday, 27 September 2009 929
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The political economy of the Low Carbon Development Strategy (LCDS)

Last week I concluded my rather extended discussion on the current global economic crisis and the lessons to be learnt from this. I trust readers would not infer from this that I believe the global crisis is over and we can safely return to business as usual. Far from it, while this is an appropriate point to introduce other topics to the discussion, I promise I will return to the global crisis if there are significant untoward developments in the coming weeks as we close out 2009 and enter into the New Year, 2010.

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Norway’s deception: Partnership or capture of Guyana’s rainforest

In this column last week I started what I hope will be a fairly full assessment of the Low Carbon Development Strategy (LCDS). At the time of writing this column I have not been able to access the revised version of the Draft LCDS, which the government had promised to place in the National Assembly before the United Nations Climate Change Conference (Copenhagen Summit), which starts tomorrow. As I await the revised version of the LCDS, I shall confine my assessment to those topics which should not be significantly affected by likely revisions.

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Norway And Guyana’s rainforest: Why beggars do not choose

For this week’s column, let me begin by re-emphasizing a couple of observations I have made about global inter-governmental negotiations thus far, as I continue to evaluate the low-carbon development strategy and the Memorandum of Understanding (MOU), between the Government of Guyana and the Government of the Kingdom of Norway, as well as its related Joint Concept Note between the two parties to the agreement.
Diplomatic principle.

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Norway and Guyana’s rainforest: Santa Claus or Old Higue

I hope that by now readers would have realised that Norway can in no way be looked upon as Guyana’s Santa Claus. I have also tried so far in recent columns to make it categorically clear that my principal intention is not simply to bash Norway as a historic polluter of the earth’s atmosphere. My main purpose in presenting Norway’s horrendous environmental profile is to assert the obligation this places on Guyanese to ensure our pristine forests are developed in an integrated, transparent, accountable and sustainable framework for the benefit of all Guyana. In particular to ensure that our national patrimony does not end up being mortgaged to the promotion of Norway’s studied and calculated efforts to deceive the world into believing that it cares more than any other nation about saving Planet Earth. As the saying goes “beware when Old Higue around looking for life blood.”

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Rule or exception: Double standards and fighting global warming

‘Dirty secrets’
I hope that I have already indicated clearly Norway’s double standards in its climate change and global warming actions. More generally, its Santa Claus image has taken a serious beating in the approach to the just concluded Copenhagen Summit. In his Guardian Weekly column last September, Mark Curtis bemoaned the fact that in spite of Norway’s benign image abroad it had “become the home of four dirty little secrets.” One of these is of course the environmental sleight-of-hand I have been dealing with in these columns in previous weeks.

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