Portugal in 26th place in the misery index (with LIST)
Portugal is in 26th place in the misery index, an indicator created by economist Arthur Melvin Okun and you want to measure a country's economic deterioration. Compared to the previous year, Portugal about a place--that is, passed to a more negative climate â€" mercy especially in the unemployment rate.Although little known as an indicator, the misery index helps you figure out what's going on, economically, in every country. To calculate ponder three variables: the level of unemployment among the countries, the level of interest rates and the rate of inflation, along with the rate of growth of GDP per capita of each country.According to the El Blog Salmon, the result reflects the impoverishment of the citizens of the various countries, so that is how much bigger the index, the greater the poverty.Created by Okun, the index was modified in 1999, by Robert Barro, an economist at the University of Hardval and the following year by Steve Hanke, Johns Hopkins University economist.This year's ranking is led by Venezuela, with 79.4 points, followed by Iran, Serbia, Argentina (the photo depicts the suburbs of Buenos Aires), Jamaica, Egypt and, imagine, of Spain. South Africa, Brazil and Greece complete the top 10.Foto:  Roger Schultz / Creative Commons
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