Controlled circumstances
Guyana is one of 193 member states of the United Nations. If one were to put the names of all the countries of the United Nations in one bag, like every other country, Guyana would have less than half of one per cent chance of being selected as a destination for foreign investment. While investment involves some element of chance, the choice of investment destination occurs under much more controlled circumstances and is based on a multiplicity of factors that could change the chance of selection dramatically. Countries with small economies do not attract as much investment as countries with large economies.
As Guyana approaches the Guyexpo event of 2016, it will do so with the aim of starting the process of changing the fortunes of the country over the next 50 years. The article this week seeks to identify and discuss the several factors that enter the inward investment decision and their implications for Guyana, no doubt something on the mind of the sponsors of the