- Dean of UG Business School

Even as the local co-operative movement seeks to recover from its decades of doldrums, not least its countless failed and abortive excursions into start-stop business ventures that have left groups across the country in a condition of acute disappointment, a University of Guyana business Professor insists that there is a way back for the sector.

“While the front-loading of contracts and the securing of large contracts might be politically popular it might prove to be economically disastrous, University of Guyana Business Professor Leyland Lucas has said in an article that seeks, in part, to respond to the popular argument touting the virtue of so-called front-loading, that is, the drawing down of significant cash amounts of as yet unearned income from the oil and gas industry.

By Dr Leyland M. Lucas