News Oil & Gas

Guyana’s Oil and Gas Sector: The Global Framework of MDGs, SDGs and Human Development  Reporting

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Introduction
Last week’s column used the World Bank’s systematic country diagnostic, SCD, of Guyana, to unravel the embedded obstacles to the country’s lack of inclusive development along with the grim persistence of poverty up to the advent of its windfall oil finds in 2015. Prescriptive solutions are offered in the Report, but before I address the prescriptions from the perspective of embedded poverty, I  must  first expand on the linkage between the SCD-type driven initiatives and the global framework of development goals. Consider that, on the World Bank’s Website, it unabashedly proclaims that,  “it is committed to helping achieve the Millennium Development Goals, MDGs because, simply put, these goals are our goals.”

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