Sunday, June 3, 2012

Nepal one of the most miserable country in the world

Nepal has ranked eighth among the most miserable country among the 197 countries surveyed by the Business Insider – a business news site with deep financial, digital, and media industry verticals – with Misery Index score of 53.8 per cent.
“The country has 7.8 per cent Consumer Price Index (CPI) inflation and 46 per cent unemployment, according to the CIA Factbook, it said, adding that Zimbabwe with a score of 100.6 per cent Misery Index and 95 per cent unemployment is the first miserable country. Liberia stood second followed by Burkina Faso, Turkmenistan and Djibouti in the top five miserable countries.
Business Insider has totalled the figures for 197 countries and territories — from Afghanistan to Zimbabwe — to compile the 2012 Misery Index.
The Misery Index, a crude economic theory created by Arthur Orkum, sums a country's unemployment and inflation rates to assess conditions on the ground as the higher the number, the worse off a country is, according to the Business Insider. “The reasoning: one can tell a great deal about an economy by a soaring jobless rate and a population that can afford less and less of required goods.”


Anonymous said...

I have been browsing online more than 3 hours today, yet I never found
any interesting article like yours. It's pretty worth enough for me. In my view, if all site owners and bloggers made good content as you did, the net will be a lot more useful than ever before.

Feel free to visit my site: c󳣠d'ivoire la vrai

Anonymous said...

I could not refrain from commenting. Exceptionally well written!

Anonymous said...

WOW just what I was searching for. Came here by searching
for welz

Take a look at my weblog libertador

Anonymous said...

Write more, thats all I have to say. Literally, it
seems as though you relied on the video to make your point.
You definitely know what youre talking about,
why throw away your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?

Also visit my homepage :: soho