More Dollarization, Please
By STEVE H. HANKE
In my misery index, I calculate a ranking for all countries where suitable data exist. My misery index — a simple sum of inflation, lending rates, and unemployment rates, minus year-on-year per capita GDP growth — is used to construct a ranking for 108 countries. The table below is a sub-index of all Latin American countries presented in the world misery index.
A higher score in the misery index means that the country, and its constituents, are more miserable. Indeed, this is a table where you do not want to be first.
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Read more: www.capx.co
In my misery index, I calculate a ranking for all countries where suitable data exist. My misery index — a simple sum of inflation, lending rates, and unemployment rates, minus year-on-year per capita GDP growth — is used to construct a ranking for 108 countries. The table below is a sub-index of all Latin American countries presented in the world misery index.
A higher score in the misery index means that the country, and its constituents, are more miserable. Indeed, this is a table where you do not want to be first.
...............
Read more: www.capx.co
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