The extractive forest sector’s production under-performance

Guyana and the wider world(new1)

Introduction

As I have opined before, the microeconomic information supplied in last Sunday’s column, depicting employment levels within the extractive forest sub-sector, generally conforms to what might have been anticipated, given the weak, erratic, and declining economic returns exhibited by the sub-sector, when analyzed from a macroeconomic/national accounts perspective, for the decade 2006-2015. As promised last week, today’s column continues with an assessment of other microeconomic data on the sector, focusing on