Guyana’s membership of EITI is necessary but not sufficient

Introduction Today’s article brings to a conclusion the three-part series of columns that have been reviewing Guyana’s proposed membership of the Extractive Industries Transparency Initiative (EITI). Similar to my earlier examination and assessment of government’s proposed establishment of a Sovereign Wealth Fund (SWF), Guyana’s deliberative effort to secure membership of the EITI is undoubtedly a…

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Preparing for oil: More on Guyana seeking membership of the Extractive Industries Initiative

Today’s column continues the discussion of Guyana’s long declared policy option of seeking membership of the Extractive Industries Transparency Initiative (EITI) as a cornerstone of its approach to governance of the fast approaching time of oil and gas production and export. Last week’s column had started the discussion, but regrettably, due to space, constraints, gaps…

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Preparing for Guyana’s oil & gas industry: Membership of the Extractive Industries Initiative (EITI)

Introduction Last Sunday’s column completed my presentation of ten lessons which I have argued the Guyanese authorities can profitably learn from a studied appraisal of worldwide experiences with oil-based sovereign wealth funds (SWFs) over the past six decades. As I had indicated at the start of that presentation on the lessons to be learnt, after…

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