Reply to "Guyana producing foreign products – Private sector"

Drugb posted:
Django posted:
Well apparently you don't know Guyana's history,revisit the period of the 80's.

Ow bai, no wonder some posters describe you as dull boy.  As I continue to school you, see this article from SN and educate yourself. 

http://www.guyanaundersiege.co...cal/FCH%20nation.htm

 

"In pushing the earlier campaign, the Prime Minister and other government officials had appealed to the Guyanese sense of nationalism and patriotism. The Buy Local campaign was linked to the quest for food self-sufficiency which was in turn equated with the achievement of economic growth and national security. The tone was persuasive, appealing and conciliatory. The message was still the same but now the tone was harsh almost dictatorial, often insensitive almost verging on being insulting. The Guyanese people were accused of having "a saltfish mentality" for preferring salted cod, sardines and salmon. It was baldly stated, "psychologically, we are still hampered by our colonial complex. We still believe, as we have been taught to believe, that what is imported, especially from England, is better than what is Guyanese." Given the fact that a significant percentage of the Guyanese public was suspicious even resentful of the messenger, the unfortunate tone and the mode of delivery of that message, served to obscure its timeliness and relevance.

Over the next two years, the Buy Local, Sell Local campaign became an integral part of the ideology of "cooperative socialism" and of the thrust to "Feed, Clothe and House" the nation by 1976 as set out in the First Development Plan of 1972. This new policy was outlined by Prime Minister Forbes Burnham in the National Assembly during the 1972 budget debate. That debate took place in December 1971 against the background of a series of cataclysmic changes in the world economy. The most important of these was the decision of the United States of America to suspend the convertibility of dollars into gold and to impose a 10% surcharge on a long list of commodities entering the United States. This decision had far-reaching effects on both developed and developing countries especially on small economies like Guyana's.
The focus of the next article will be on the "Feed, Clothe and House" the nation drive and its aftermath in the right of changing national and international circumstances.

The announcement of the decision to Feed, Clothe and House the nation between 1972 and 1976 was the final step in what the then Minister of Finance, Mr. Desmond Hoyte, in his 1972 budget presentation in the National Assembly in December 1971 called a “grand design”. This started with government’s deliberate policy of domestic resource mobilisation and economic self-reliance. This in its turn had come swiftly on the heels of the adoption of a socialist ideology and the determination to own and control the country’s resources as an integral part of “cooperative socialism.” This was a necessary prelude to the FCH programme which would help to make us “masters of our own destiny” through the self reliance and independence it would inculcate.

The Finance Minister in his budget speech, justified government’s policy of domestic resource mobilisation and economic self-reliance. He pointed to the continued deterioration of the position of the developing countries in the world economy - a declining share of world trade, the growth of the external debt burden and the sharp contraction of the flow of resources from developed to developing countries. This on the heels of the US government’s suspension of the convertibility of the US dollar which plunged the international monetary system into chaos, ironically, at a time when the United Nations Second Development Decade had just been announced.

The Prime Minister, Forbes Burnham, in his speech to the National Assembly posited that the crisis in the world economy emphasised the need for Guyanese to strengthen our economy by increasing the level of our production and to be more dependent on ourselves for further development. To this end, government had a set of specific strategies for the FCH programme. In respect of feeding ourselves the strategy was to encourage the production of local substitutes.


 

Wallah [Chai] you rushed to find and article to prove your point,pay attention to the above.

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