Wednesday, November 14, 2012

Quality of life improves: significant increase of middle class in the Caribbean

A recent World Bank report has found there has been a 50 percent increase in the number of people joining the middle class in the Caribbean and Latin America over the last decade.

The report, titled “Economic Mobility and the Rise of the Latin American Middle Class” notes that the middle class in the region grew to an estimated 152 million in 2009, compared to 103 million in 2003.

"The recent experience of the Caribbean and Latin America shows the world that policies balancing

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