The Legatum Prosperity Index by the Prosperity Institute
Advancing the understanding of national prosperity
https://index.prosperity.com/
What is Prosperity
https://index.prosperity.com/about-pros … prosperity
"Prosperity is far more than wealth; it is when all people have the opportunity and freedom to thrive. Prosperity is underpinned by an inclusive society, with a strong social contract that protects the fundamental liberties and security of every individual. It is driven by an open economy that harnesses ideas and talent to create sustainable pathways out of poverty. And it is built by empowered people, who contribute and play their part in creating a society that promotes wellbeing."
For 2023 the U.S. ranks 19th out of 167 nations and territories That is an improvement since 2022, in which the ranking was 22nd. However, previous years were as high as 17th.
https://index.prosperity.com/rankings
The 12 pillars that are measured are:
The Safety & Security pillar the degree to which war, conflict, terror, and crime have destabilised the security of individuals, both immediately and through longer lasting effects.
The Personal Freedom pillar measures progress towards basic legal rights, individual liberties, and social tolerance.
The Governance pillar measures the extent to which there are checks and restraints on power and whether governments operate effectively and without corruption.
The Social Capital pillar measures the strength of personal and social relationships, institutional trust, social norms, and civic participation in a country.
The Investment Environment pillar measures the extent to which investments are adequately protected and are readily accessible.
The Enterprise Conditions pillar measures the degree to which regulations enable businesses to start, compete, and expand.
The Infrastructure & Market Access pillar measures the quality of the infrastructure that enables trade, and distortions in the market for goods and services.
The Economic Quality pillar measures how well an economy is equipped to generate wealth sustainably and with the full engagement of the workforce.
The Living Conditions pillar measures the degree to which a reasonable quality of life is experienced by all, including material resources, shelter, basic services, and connectivity.
The Health pillar measures the extent to which people are healthy and have access to the necessary services to maintain good health, including health outcomes, health systems, illness and risk factors, and mortality rates.
The Education pillar measures enrolment, outcomes, and quality across four stages of education (pre-primary, primary, secondary, and tertiary education), as well as the skills in the adult population.
The Natural Environment pillar measures the aspects of the physical environment that have a direct effect on people in their daily lives and changes that might impact the prosperity of future generations.
If a person desired to be an expat would this be a valuable tool for choosing a country?
If a person was pondering making an investment would this be a valuable tool to assist with a choice?
Thoughts, criticisms, accolades, and/or commentary?
