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Showing posts from March, 2019

The 5 Key Factors That Made Norway 2018’s Most Prosperous Country

Image credit: weforum.org Norway is one of the few countries in the world that has been receiving various accolades year in and year out. In 2017, Norway was considered the “Happiest Country in the World” by LexisNexis. Norway also never fails to make it into the top tier in various lists detailing the most beautiful countries in the world. However, there is one accolade that the country is proud of getting nine times since 2007: the “World’s Most Prosperous Country.” The Legatum Prosperity Index is an annual ranking developed by the Legatum Institute , whose mission is to “create the pathways from poverty to prosperity, by fostering Open Economies, Inclusive Societies and Empowered People.” This index shows how countries from different parts of the world have veered toward or away from a higher standard of living or prosperity. Each country included in the study is evaluated according to nine important pillars or factors which are: ● Economic quality ● Business environ