10/31/12

Permalink World’s most prosperous countries ranked

On October 30, British sociologists with London’s Legatum Institute revealed their annual prosperity index featuring the world’s ten happiest nations among 144 developed countries. The raking was determined by eight key factors: economy, entrepreneurship and opportunity, governance, education, health, safety, personal freedom and social capital. The biggest shock was the US dropped out of Top Ten, landing only 12th, an astonishing result the researchers attributed to staggering economic growth and rocketing foreign debt. The country of fjords, Norway landed atop the chart thank to the world’s highest social security and safety.

The Telegraph: The 10 most prosperous countries in the world – in pictures - Legatum recently published its 2010 Prosperity Index, which ranks 110 countries – covering 90pc of the world's population. Each nation was evaluated according to 89 variables sorted into eight subsections: economy, entrepreneurship, governance, education, health, safety, personal freedom and social capital. The UK ranked 13th.

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