REFLECTING ON DEVELOPMENT OUTCOMES: A COMPARATIVE ANALYSIS OF BARBADOS AND GUYANA

Author(s): GRENADE, KARI; LEWIS-BYNOE, DENNY; (2010)

Created 26 Jul, 2010
Categories Working Papers
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This study undertakes a comparative analysis of post-independence development outcomes of Barbados and Guyana. The study finds that differences in policies as well as institutional and governance structures account for the marked divergence between the two countries during the period 1970-1999. In assessing performance post 2000, the study finds that improvements in macroeconomic management, institutional strengthening, deeper social cohesion and political stability have allowed Guyana’s growth rates to catch up and even surpass Barbados’s. The research evinces key lessons that should help support the more even development of Caribbean countries.

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