country : japan Prosperity: “The Legatum Prosperity Index is a unique assessment
ID: 1196099 • Letter: C
Question
country : japan Prosperity: “The Legatum Prosperity Index is a unique assessment of global wealth and wellbeing, which benchmarks 142 countries around the world in eight distinct categories: Economy; Education; Entrepreneurship & Opportunity; Governance; Health; Personal Freedom; Safety & Security; and Social Capital.” The Prosperity Index includes both objective and subjective data. The Index defines prosperity as both wealth and wellbeing, and finds that the most prosperous nations in the world are not necessarily those that have only a high GDP. Angus Deaton of Princeton University who won the Noble Prize in Economics in 2015 is a consultant to the Index. Go the Legatum Prosperity Index website: http://www.prosperity.com/#!/ Where does your country rank on this prosperity index and why? 13. Better Life Index: This Index allows a comparison of well-being across countries, based on 11 topics in the areas of material living conditions and quality of life. Go to the Better Life Index website: http://www.oecdbetterlifeindex.org/ Why or why not? Is the good life available to citizens of your case study country? Note: The index is not available for all countries.
Explanation / Answer
Japan ranks 19th globally in the 2015 Prosperity Index, having kept its place since last year. 7.5% GNI per capita Business start up costs. 39% think it's a good time to find a job. 65% believe it's a good place to live for immigrants. 51.1% believe business / government corruption is widespread. 89.9% say they rely on others in times of need.
Japan ranks 31 of 36 in the better life index. Japan performs well in some measures of well-being in the Better Life Index. Japan ranks at the top in personal security. It ranks above the OECD average in income and wealth, education and skills, jobs and earnings, but below the average in terms of housing, civic engagement, subjective well-being, work-life balance and health status.
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