Figure 1: Misery Index for Caribbean Countries Average 2010-2012 Sources: Own calculations from WDI. Of the many associations one would make with the Caribbean, misery is probably not the most typical one. However, if we are to trust the Misery Index, all is not well in paradise. The Misery Index is simply the sum of unemployment and inflation, the idea being that it’s not … [Read more...] about Stop Being Miserable
GDP
How Rich are the Caribbean Countries if Compared Globally?
The World Bank’s International Comparison Program (ICP) released its data recently, which uses the most thoroughly developed methodology yet to compare the income of 179 countries in 2011. This is the first time the Caribbean countries participate in the exercise. The program constructs GDP from detailed expenditure data for all countries using the so-called purchasing … [Read more...] about How Rich are the Caribbean Countries if Compared Globally?