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Reply to "Amaila Falls Hydropower Project now highly unlikely"

TK posted:
Zed posted:

TK, nice to see that you are back on the board. Now, I can continue my training in economics.

i think Accrebe College is no longer in existence. The PPP sold the land a long time ago to Mazarally and purchased a piece of land in LBI where they intended to build. College. It never materialized so every morning, from my hammock, I look across to this large vacant plot of land.

I am unsure what you mean when you say that the ppp should be less ideological and more nationalistic. Many of us who have been following things in Guyana have criticized Jagdeo for not paying enough attention to ideology.

yes, Guyana manufactured these items, but at what cost. And all of these ventures failed. Additionally, we are living in a more globalize economy and I am not certain that those enterprises will survive if re-established in Guyana at this time. Electricity cost is one Factor in the decision matrix, but not the most important one. There are many more important factors that need to be considered.

One of the main reasons why those businesses failed was because of migration of the people who had the know how to do them..

Well, which is the chicken and which is the egg.  Did the migration cause businesses to fail or did the failure of businesses and the general economy cause people to migrate?

My understanding and experience, Guyana's migration were people seeking better economic alternatives.  There were other factors, including PNC Afro-Centric apartheid, racism, oppression and police/military brutality.  However, most were seeking better economic outcomes in their lives!

How quickly people forget what the PNC represented!

FM
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