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Guyana: Selected Issues

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  • International Monetary Fund

Abstract

The aim is to analyze the main channels of transmission for shocks from the global economy to Guyana and assess their specific spillover magnitudes. The paper documents the transmission channels of external shocks to the real economy and the financial sector, citing magnitudes and risks. It then describes the policy response, including recent directions of monetary and fiscal policies to weather the spillover of external shocks on the domestic economy through the real and trade channel, and provides an outlook for the envisaged recovery of the global economy.

Suggested Citation

  • International Monetary Fund, 2010. "Guyana: Selected Issues," IMF Staff Country Reports 2010/293, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/293
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    References listed on IDEAS

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    1. Mr. Jeromin Zettelmeyer & Ivanna Vladkova Hollar, 2008. "Fiscal Positions in Latin America: Have They Really Improved?," IMF Working Papers 2008/137, International Monetary Fund.
    2. Ethan Ilzetzki & Carlos A. Vegh, 2008. "Procyclical Fiscal Policy in Developing Countries: Truth or Fiction?," NBER Working Papers 14191, National Bureau of Economic Research, Inc.
    3. Mr. Nigel A Chalk, 2002. "Structural Balances and All That: Which Indicators to Use in Assessing Fiscal Policy," IMF Working Papers 2002/101, International Monetary Fund.
    4. International Monetary Fund, 2009. "Chile: Selected Issues," IMF Staff Country Reports 2009/272, International Monetary Fund.
    5. Gabriel Di Bella, 2008. "A Stochastic Framework for Public Debt Sustainability Analysis," IMF Working Papers 2008/058, International Monetary Fund.
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