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The Middle Income Trap - Caribbean

RICH INDUSTRIALIZED COUNTRIES LATAM World Country US$ Rank Rank Bahamas, The 31 22,350 Antigua and Barbuda FLORIDA BAHAMAS A1lanti HE KEYS 41 15,635 TURKS CAICOS anem. Trinidad MIDDLE and Tobago CAYMAN ISLANDS 42 15,463 PUERTO BV.. INCOME m POMINICAN REPUBLIC ANTIGUA BARBUDA HAIT JAMAICA U.S. 4 43 Barbados 14,858 "TRAP GUADELOUPE Caribbe an sea DOMINICA Saint Kitts and ST. LUCIA sr VINCENT BARBAROS GAINDNES PGRENADA TOBAGO 48 12,263 ARUBA CURAGAO SONAIRE Nevis TRINIPAD 6. 49 Uruguay 11,998 50 Chile 11,827 8. 54 Brazil 10,816 POORER DEVELOPING COUNTRIES 2. 3.

The Middle Income Trap - Caribbean

shared by ian.walcottskinner on Aug 08
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The middle income trap is an economic development situation, where a country which attains a certain income (due to given advantages) will get stuck at that level.

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