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Guyana Primed for National Development. Sharad Aggarwal IB8710 – Georgia State University April 14, 2005. Location. Guyana = “Land of Many Rivers” Northern Coast of South America 80 degrees. Quick Facts. Size: 214K square kilometers, 83K square miles
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GuyanaPrimed for National Development Sharad Aggarwal IB8710 – Georgia State University April 14, 2005
Location • Guyana = “Land of Many Rivers” • Northern Coast ofSouth America • 80 degrees
Quick Facts • Size: 214K square kilometers, 83K square miles • Population: 705,803 90% coastal • Average Annual Income: $860 USD • Religions: Christian, 50 percent; Hindu; Muslim; others • Life Expectancy: 62 years • Languages: English, Amerindian dialects, Creole, Hindi, Urdu • Ethnic groups: East Indian, 50 percent; African origin; Amerindian; white; Chinese; and mixed origin (Source: U.S. Central Intelligence Agency, World Factbook 2003)
The Good • Independence from Britain in 1966 • Verified Functional Stable Democracy • English Speaking • High Literacy • Abundant Natural Resources • Large Hydropower Potential • Effective Social Infrastructure (Schools, Hospitals, Medical Centers) • 125,000 Internet Users (2002)
The Bad • High 35% Poverty • Low Infrastructure (Poor Roads, Electricity, Telecom) • Unskilled Labor • Very High Emigration • 80,400 (2002) Main line • 87,300 (2002) Cell
The Ugly • Cultural Political Division: • Indo-Guyanese support the Peoples Progressive Party • African-Guyanese the Peoples National Congress • 1977-1989 interventionist policies collapsed the economy • Emigration! Racism! Oh My!
Fix • Solicit Multinationals with Natural Resources • Hydropower? • Bi-Partisan Political Efforts • “Scourge” of Racism • IT Promotion