Wednesday, 28 October 2009

Finland is confirmed as the happiest place to live (comparing prosperity, per capita
income, and happines) by the Legatum 2009 Prosperity Index

The Legatum statement is shown below, with the full ranking report found at http://www.prosperity.com/rankings.aspx

The Legatum Prosperity Index measures the factors that create prosperity over time. It looks at which countries are doing the most to foster prosperity through a range of factors such as education, entrepreneurship, governance, freedom, and social capital. But what about simpler measures such as per capita income or happiness?

If we were to take a snapshot of the world, which countries are the richest or have citizens who are most satisfied with their lives right now? The chart compares each of these two simple measures with the Prosperity Index rankings. The advantage of the Prosperity Index is the way that it indicates which countries have underlying fundamentals most likely to sustain and increase their wealth and wellbeing over time, even if they may not be the richest or happiest countries at the present moment.

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