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This study of Guyana's economy, both analytical and empirical, examines the literature on development policy and applies various theoretical frameworks to data acquired in Guyana since 1945, Dr. Hope considers planning, finance, and administration, seeking to determine whether the Guyana government's development policy has been an instrument of economic growth. He focuses on three issues: does government policy direct planning in a manner conducive to increased levels of productive investment; does it use planning tools to raise resources for development expenditures; and does it provide the support required by the administrative machinery to successfully implement policy goals?