English | دری

The world’s most prosperous countries

in International Business

The world’s most prosperous countries

By: Joe Myers

World Economic Forum

The Legatum Institute has released its new Prosperity Index, which assesses how prosperous an economy is based on more than just macroeconomic factors – it also takes into account wellbeing. The ranking has named Norway as the world’s most prosperous economy.

The ranking is calculated using eight sub-indices: economy, entrepreneurship and opportunity, governance, education, health, safety and security, personal freedom and social capital. The average of all of these scores is then used to generate the overall prosperity score index.

Norway scored highly across the board, especially in the social capital, economy and personal freedom sections. Following Norway in second place is Switzerland, which came top in the governance sub-indice, and second for economy. A second Scandinavian nation, Denmark, completes the top three with strong scores for social capital, governance and entrepreneurship.

The list is dominated by European nations including Sweden (5th), the Netherlands (8th), Finland (9th) and Ireland (10th). Canada, in 6th, and New Zealand and Australia complete the top 10.



Related Articles

China cuts fuel prices for the third round in two months

China has cut retail oil prices by about 5% which is China’s third cut in two months. China, the world’s

Other banks to be more culpable in the scandal than Barclays

Senior managers have warned that Libor scandal will envelop other banks. According to a memo from Barclays chairman Marcus Agius

Fed chief Ben Bernanke says recovery not complete

US Federal Reserve Chairman Ben Bernanke has said the US economy is yet to fully recover from the impact of

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.