The Annual Legatum Prosperity Index report 2015 was launched this month. The report measures prosperity based on both income and wellbeing, in an approach known as ‘GDP and beyond’. The rank is calculated by adding sub-indexes (which include economy, governance, education, and social capital) to form the overall index. Perhaps unsurprisingly, the Scandinavian countries ranked top of the list. Norway was ranked the most prosperous of the all countries worldwide. But how do the emerging markets fare?
Mexico and Brazil: Much to do
Brazil was ranked 54th on the list, a slip of five places from 2014. Brazil’s best performance is in the Personal Freedom and lowest rank is in the Safety & Security sub-index, where it ranks 85th in 2015. Mexico, though ranked slightly better at 67th, fell three places. The country’s strongest performance was in Economy, despite a slowdown to 2.3% annual GDP growth. On Safety and Security, Mexico was ranked 103rd. Despite…
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