Dr. Hector Butts

Finance Secretary

Dr. Hector C. Butts began his public service career as a material technician in the Ministry of Works and Hydraulics and subsequently in the Ministry of Trade and Consumer Protection where he rose to the rank of the Permanent Secretary.

Later he became the divisional head responsible (inter alia) for Foreign Direct Investment at the Department of International Economic Cooperation within the Office of the President. He also garnered international experience as an Associate Professor in the School of Business at South Carolina State University (SCSU) and as President of SCSU’s Faculty Senate – the highest post among faculty convened for governing a university.
After returning from his stint in South Carolina, Dr. Butts was an Associate Professor at Morris Brown College in Atlanta, Georgia, and Chairman of the Business Administrative Department. Throughout his career, he has been exposed to the tenets of fiscal responsibility.
Dr. Butts holds a Bachelor of Social Sciences in Economics from the University of Guyana; a Master of Arts in Economics from the University of East Anglia, England; and a Doctorate in International Affairs and Development from Clark Atlanta University.
He also graduated from several leading institutions executive programs: Harvard Business School – Case Writing, and Marketing Innovative Technologies, Helsinki School of Economics – International Trade; University of South Carolina – International Supply and Logistics; and University of Memphis – International Finance.
Additionally, Dr. Butts has undertaken important research and writings into big issues affecting economies including debt management, financing development and international financing. He has authored several papers in the area of economic growth and development including financing deepening, private sector, institutions and economic; growth dynamics and short-term external debt, and short term debt and economic growth in small economies.
Dr. Butts is shaping to be an expert in small state compliance where he developed the NWG-TRIAD which argues that the level of official development assistance (ODA) and development finance is determined by the STAMP OF COMPLIANCE which is given collectively by multilateral institutions and organizations and the bilateral development agencies. For example, see Financial deepening, Private sector Institutions and economic growth: a co-integration assessment in Public and Municipal Finance, Volume 3, Issue 1, pp-7-19 (2014).
Remaining close to his West Indian roots, Dr. Butts has served in several capacities to contribute to the Caribbean and wider diasporas in the US. He was president of the Georgia Supreme Cricket League, mentor to the USA women’s national cricket team, board chair of Love Cricket, Inc., a charitable cricket organization, and an active member of the Guyana Association of Georgia where he volunteered as a math tutor for middle to high school, among other roles.
Dr. Butts enjoys running, playing cricket, table tennis, and a good game of chess.