Debt Crisis and its Impact on Education - Summary: Guyana

Abstract

Because of the difficulty involved in determining the specific impact of the external debt burden on the education system as distinct and separate from its impact on the problems of the total economic system, this paper considers the wider pattern of economic conditions. It gives an overview of Guyana’s economic situation and discusses the economics of the education sector and the impact of the economic problems. It also identifies some coping mechanisms employed to deal with the situation.