Guyana Economy

PEOPLE OF GUYANA

The nine aboriginal tribes living within the region of Guyana are as follows. These tribes are further separated into distinct linguistic groups namely the Arawakan, the Cariban and the Warrauan. The ethnic groups being:

•  Akawaio

•  Arekuna

•  Arawak

•  Macushi

•  Wapishanas

•  Patamuna

•  Waiwai

•  Warrau

The thriving religion within the area is Christians, Hindu, Muslims and others surviving beliefs. The local dialect spoken by the natives are English, Amerindian, Creole, Hindi and Urdu. Nearly 740,000 residents thrive in this region that are basically is influenced from the Indian, African, European and other natives.

ARTS, CULTURE AND MUSIC OF GUYANA

Art: The local natives are experts in crafting wonderful paintings and handicrafts that includes works like models made of boats and planes, oil paintings, leather crafts, mahogany sculpture, soapstone, Amerindian pottery, calabash art, jewellery, wicker furniture and basketry. Art derived its artistic forms from the Amerindians, from where several artists originated like Stanley Greaves, Ronald Savory, Philip Moore and Aubrey Williams.

Culture: Participate in the Caribbean Festival of Creative Arts known as CARIFESTA where one may come across exhibition based on sculpture, painting, music, dance, drama, literature, craft, photography and folk art. The place is known for its spicy food, traditional folktales, and their indulgence in sport events. The cultural aspect of Guyana is very much similar and comparable to that of the Caribbean, because of which it is known as the Caribbean nation.

Music: Guyana has come up with the music that is based on American, Caribbean, Brazilian and other Latin rhythms. Terry Gajraj, Mark Holder, Eddy Grant, Dave Martins & the Trade winds, Aubrey Cummings and Nicky Porter are recognized as popular musicians of the region. Do participate in The Guyana Music Festival that has a major cultural impact on the local natives.

Guyana is famous for retaining music's like Calypso, which was taken from the place of Trinidad while also coming up with a new genre of music named as the chutney music.

This music is satirical and humorous in its nature and is played during the celebration of Mashramani.

South Asians came up with the Indian music especially the folk ones that were accompanied with instruments like dhantal, tabla, tassa drums sitar, harmonium and dholak. This music was mainly based on bhajans and on filmy themes. The tan singing was widely accepted in the Indian community thriving in Guyana and Suriname,

Several popular Guyanese dance bands emerged in this location in the late 20 th century like Al Seales & His Washboard Swing Orchestra, BG Musicians Band, Harry Banks Orchestra, Bert Rogers & His Aristocrats Dance Orchestra and Mr. Gouveia's Orchestra.

FLAG OF GUYANA

The flag of Guyana is even called as The Golden Arrowhead, which was officially accepted during the month of 1966. Conceptualized by Dr. Whitney Smith, the flag is designed with five distinct colors that carry along a symbol of golden arrowhead. The colors are Green, White, Golden, Black, and Red. The color green describes the huge expanses of wooded forested area and the greenery attached to it. The color White denotes the water potential within the region. The color Golden denotes the mineral treasures hidden within the country. The Black color denotes the endurance and fortitude that the native people thrive on while the color red speaks about the vibrant and enthusiastic nature of the people.

ECONOMY OF GUYANA

The economy of Guyana depends on the agricultural production mainly on the cultivation of sugar and rice that are reasonably exported. 90 percent of the population is engaged as laborers working as laborers within the region who thrive along the coastal plains. The country produces goods like sugar; Gold and bauxite that are further processed and sold within the market.

It was during the year 1970 where the economy saw a major decline with the rise in the price of imported oils and other petroleum products. Loans were not issued due to the uncompromised arrears and dues; the country was facing that later on was settled by the launch of Economic Recovery Program (ERP) by the government. This program regulated the international monetary policy and came up with a more flexible market space. The government improved the sectors by eradicating price controls, removed import limitations and thereby promoted foreign investments within the region.

• The commodities that are imported are manufactures, machinery, petroleum and food

• Exported commodities include names like sugar, Gold, bauxite, alumina, rice, shrimp, molasses, rum and timber

• Industries running in this place are bauxite, sugar, rice milling, timber, fishing (shrimp), textiles, Gold mining

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