At independence the two islands had similar middle-income living standards (Barbados ~$3,700, Jamaica ~$2,600 per capita), but over 40 years a large gap opened: by ~2002 Barbados reached ~$10,000 per capita while Jamaica remained in the mid-$3,000s.

factualpending

Speaker

Peter Henry

Evidence Quote

the gaps about... somewhere around $1000 at the time of independence and by... 2002 or so Barbados is close to... ten thousand dollars per capita

Source

Peter Henry on Growth, Development, and Policy 07/27/2009EconTalk
Created: 6/17/2026, 10:31:29 AM

My Notes

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