The Legatum Prosperity Index 2017

THE LEGATUM PROSPERITY INDEX

Question- Legatum Prosperity Index released by the International Non-Governmental Organization Legatum Institute. In this list India has got which place?
(a) 101st
(b) 100th
(c) 98th
(d) 85th
Answer: (b)
Related Facts:

  • On November 29th, 2017, the Legatum Prosperity Index-2017 was released by the international non-governmental organization ‘Legatum Institute’.
  • This index covers 149 countries of the world.
  • It is worth noting that this index is being released every year since 2007, which is based on the prosperity of nations, economic growth and quality of life.
  • These conditions have been described as the combination of nine pillars:
  • Economic Quality, Business Environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health, and the Natural Environment.
  • Norway has been ranked 1st in index.
  • Norway was followed by New Zealand, Finland, Switzerland and Sweden respectively.
  • The lower-ranked countries in this index are respectively ranked Yemen (149th),
  • Central African Republic (148th), Sudan (147th), Afghanistan (146th), and Chad (145th).
  • India has been ranked 100th in the Legatum Prosperity Index, while it was at 104th position last year (LIP-2016).
  • In this index, India’s the neighboring countries position is as follows: Sri Lanka (53rd), China (90th), Nepal (89th), Bangladesh (111th) and Pakistan (137th).
  • The situation in the following 9 sub-indices of India in this index is as follows:
    (i) Economic Quality – 56th place
    (ii) Business Environment -65th place.
    (iii) Administration (Governance) -41st place.
    (iv) Personal Freedom – 100th place.
    (v) Social Capital – 82nd place.
    (vi) Safety and Security – 134th place.
    (vii) Education – 99th place.
    (viii) Health – 109th place.
    (ix) Natural Environment -139th place.
  • According to the Legatum Prosperity Index, 2017, if the BRICS countries are compared, then India is ranked lower in comparison to other BRICS countries except Russia.
  • In this year’s index, the position of BRICS countries is as follows: South Africa (52nd place), Brazil (54th), China (90th) and Russia (101st).

Reference:
http://prosperitysite.s3-accelerate.amazonaws.com/3515/1187/1128/Legatum_Prosperity_Index_2017.pdf
http://www.prosperity.com/globe/india