Summary of Why Guyana is the Worlds Fastest Growing Economy

00:00:00 - 00:05:00

Guyana is the fastest growing economy in the world and it is largely attributable to the discovery of oil in the country's exclusive economic zone. The growth has been good for the country's economy, but it has not been without its challenges. The country is still relatively democratic, but the country's reliance on oil taxes could be a problem in the future.

• 00:00:00 Guyana is the fastest growing economy in the world and this growth is largely attributable to the discovery of oil in the country's exclusive economic zone. The growth has been good for the country's economy, but it has not been without its challenges. Guyana is still relatively democratic, but the country's reliance on oil taxes could be a problem in the future.
• 00:05:00 Guyana is the fastest growing economy in South America, and it is likely to continue growing in the coming years. The main reasons for this are the discovery of oil, taxes from the actual population, and the effect of the resource curse. However, Guyana has to work hard to maintain stability in its politics and economy.