Review of Financial Development and Inclusion for Guyana: Assessment and Options for Reform
Guyana's economy is on the verge of a historic transformation owing to recent oil discoveries. In this context, maximizing the benefits of faster growth and increased revenues will depend crucially on the financial sector. This paper presents an assessment of financial development, access, and inclusion for Guyana. Policy recommendations that flow from this analysis include the importance of durably addressing macroeconomic imbalances, reinforcing the regulatory and institutional frameworks, supporting the availability of information regarding credit and related counter party risks, and developing a coordinated approach to institutional and policy reform aimed at promoting financial inclusion (e.g., via development of a national financial inclusion strategy).
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Bibliographic Details
| Main Author: |
Inter-American Development Bank |
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| Other Authors: |
Victor Gauto |
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| Language: | English |
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| Published: |
Inter-American Development Bank
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| Subjects: | Financial Policy,
Financial Inclusion,
Financial Institution,
Credit Market,
Financial Service,
Credit,
Financial Sector,
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages H6 - National Budget Deficit and Debt O1 - Economic Development G1 - General Financial Markets E5 - Monetary Policy Central Banking and the Supply of Money and Credit E6 - Macroeconomic Policy Macroeconomic Aspects of Public Finance and General Outlook,
Guyana;Financial Access;Financial deepening;Financial Sector Development;Banking sector competition;financialinclusion, |
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| Online Access: | http://dx.doi.org/10.18235/0002402
https://publications.iadb.org/en/review-of-financial-development-and-inclusion-for-guyana-assessment-and-options-for-reform
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