Taiwan ranks 21st in global Prosperity Index

Taiwan Today
Date: November 5, 2015

Taiwan moved up one place to 21st in the latest global Prosperity Index released Nov. 2

Taiwan is ranked as one of the world’s safest countries in the latest edition of the Legatum Institute’s global Prosperity Index. (CNA)

Taiwan is ranked as one of the world’s safest countries in the latest edition of the Legatum Institute’s global Prosperity Index. (CNA)

by London-based public policy group Legatum Institute.

The nation came sixth in the Asia-Pacific region, trailing New Zealand, Australia, Singapore, Japan and Hong Kong, in that order, but ahead of South Korea at 28th.

According to the report, the most prosperous country in the world is Norway, followed by Switzerland, Denmark, New Zealand, Sweden, Canada, Australia, the Netherlands, Finland and Ireland.

Of the index’s eight equally weighted categories, Taiwan performed strongest in safety and security, ranking as the world’s sixth safest country amid global trends of increasing tension, violence and displacement.

This marks Taiwan’s best ranking in the subindex since 2011. Key factors contributing to its excellent performance include above-average scores for demographic stability, freedom of expression without fear, and low incidence of crime, the report said.     [FULL  STORY]

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