Month: February 2016

Estimating the Size of the Middle Class

Aim of Project The growth of national incomes in the Caribbean and Central America suggest that poverty rates in the region should be falling and that a larger proportion of the population is moving into the middle-income and higher income classifications. As such, a larger proportion of the population within these countries should be able to …

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Forecasting – Art and Science

Why forecast? Forecasting, in its most basic form, is the practice of making predictions about future values of a variable, outcome and/or decision. The question is whether forecasting is necessary, and why. The answer to the first is a resounding yes, mainly due to the need for businesses to plan ahead and anticipate various events. For …

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