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dc.titleAnalysis of Agricultural Policies in Guyana (2015-2019)
dc.contributor.authorGachot, Sebastien
dc.contributor.authorDe Salvo, Carmine Paolo
dc.contributor.authorRondinone, Gonzalo
dc.contributor.orgunitEnvironment, Rural Development and Risk Management Division
dc.coverageGuyana
dc.date.available2022-08-10T00:08:00
dc.date.issue2022-08-10T00:08:00
dc.description.abstractThe agricultural sector plays a crucial role in Guyanas economic development by contributing 21.15% of gross domestic product (GDP). However, the share of the agricultural sector has been gradually decreasing over the years. This monograph offers an update of the OCDEs Producer Support Estimate (PSE) methodology applied to Guyana for 2015-2019. The PSE approach focuses on two main elements of support: (i) the effect of government policy on prices received by agricultural producers, and (ii) the support provided through budgetary transfers to the sector. The market price support (MPS) remained Guyanas main PSE component. Expressed as a share of the total PSE, Guyanas MPS averaged 59% between 2015 and 2018. Following the end of Government transfers to GuySuCo in 2019, which led to a sharp decline in budget transfers to the agricultural sector, it rose to 96%. The main driver of Guyanas MPS remained the import duties in place to protect domestic producers of poultry meat. This report also documents the evolution of agricultural policies-related greenhouse gas emissions in Guyana for the first time. The poultry subsector, which receives most of the policy support in Guyana, emits little. Sugar and rice, on the other hand, are the commodities with the highest GHG emissions per hectare. To conclude, several policy recommendations are presented.
dc.format.extent66
dc.identifier.doihttp://dx.doi.org/10.18235/0004408
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Analysis-of-Agricultural-Policies-in-Guyana-2015-2019.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectAgriculture, Food Security and Rural Development
dc.subjectSweetener Industry
dc.subjectMinistries
dc.subjectBudget
dc.subjectGreenhouse Gas Emission
dc.subjectPublic Policy
dc.subjectFood Price
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeQ01 - Sustainable Development
dc.subject.jelcodeQ02 - Commodity Markets
dc.subject.jelcodeQ17 - Agriculture in International Trade
dc.subject.jelcodeQ18 - Agricultural Policy • Food Policy
dc.subject.keywordsAgriculture;Agricultural Policy;Guyana;Agriculture and State;Agriculture price supports
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-01024
idb.operationRG-T3434
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