Rawle Lucas

Benefit The rank of 104 would have looked much different if the architects of the 2010 Human Development Index (HDI) had kept the population of countries from its previous reports.

Official Trade Gold prices have been setting nominal records in 2010 as prices moved from US$1,148 in April to over US$1,400 in November. 

Membership The Guyana Stock Exchange opened for business in July 2003 and by November 8, 2010, it had completed 381 trading sessions. 

Feeling It What does the structure of the Guyana economy tell us about the ability of Guyanese to serve customers and keep a smile? 

Time Horizon An observation was made about the use of the word “yield” in the narrative of the Lucas Stock Index (LSI) and of the importance of not confusing the concept of the yield with the concept of rate of return on investment. 

Normalcy Two decades after the passage of the Dealers in Foreign Currency (Licensing) Act, it is reasonable to inquire of the state of foreign currency trading in Guyana, given the dysfunctional condition of the market before the Act was passed. 

Size and Visibility Now that the work of the small business financing organizations is captured in a single report of the Bank of Guyana, it is possible to gain a better understanding of the impact of their work on the life of their customers and the contribution they make to the Guyana economy as a whole. 

Tough Choices After five years of double-digit increases in borrowing, Guyanese households may have lost their appetite for borrowing to spend on themselves and their homes. 

By Rawle Lucas Lofty Position If developing countries are likened to children, China has now reached the age of adulthood. 

Foreign Assets The investment behaviour of the commercial banks in Guyana seemed to be taking a favourable turn. 

Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

by Rawle Lucas Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

Renewable energy It is a hope that animates many a scientist, consumer and politician. 

Balance in Performance In a year when the economy reportedly grew by 2.6 percent, many private businesses seemed to have lost value. 

Pipe Dream As Guyanese consumers absorb the implications of the 2010 budget on their lives, they must also get used to hearing the country talk much about diversifying the economy and achieving very little. 

Greater and Easier Access About six months ago, the first bridge linking Brazil and Guyana was officially opened across the Takutu River. 

E-book Readers The popularity of the Amazon Kindle, an electronic reading device, provides a glimpse into what is perhaps the future of publishing: e-books, a relatively new form of digital media. 

Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

Neutral Language The Bank of Guyana reported in its half-year report for 2009 that the performance of the manufacturing sector was stable during the first half of the year.