The missing link : the finance-growth nexus and the Guyanese growth stagnation
- [St. Augustine]TT [Caribbean Centre for Money & Finance] 2007
- 39 p.
Argues that the liberalization of the Guyanese financial system did not lead to the growth as postulated by the theory that underpins the reform agenda. Posits that the oligopolistic nature of the banking system is the key omission of the theory.