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according to Forbes Magazine. See article at http://www.forbes.com/2009/07/08/eco...countries.html
According to the article,
Inflation: 13.5%
Economic growth: -4%
Purchasing power: -2%
Population: 2,711,000
Jamaica's government entered the financial crisis with government debt 113% the size of the country's economy. (U.S. debt is expected to be only 65% of GDP by the end of 2010.) Inflation soon followed, persisting even as the country entered a deep recession.
According to the article,
Inflation: 13.5%
Economic growth: -4%
Purchasing power: -2%
Population: 2,711,000
Jamaica's government entered the financial crisis with government debt 113% the size of the country's economy. (U.S. debt is expected to be only 65% of GDP by the end of 2010.) Inflation soon followed, persisting even as the country entered a deep recession.