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The 2017 Legatum Prosperity Index™

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The 2017 Legatum Prosperity Index™

Norway comes first in the 2017 Legatum Prosperity Index™ beating New Zealand into second place. This year's Index shows that global prosperity now sits at its highest level since 2007, in spite of significant international turbulence.

The 11th edition of the Prosperity Index reveals a number of surprising global, regional and national trends in economic and social wellbeing, including an alarming deterioration in global security and a widening gap between the most and least prosperous nations.

Read the full report here

Go to the Prosperity Index website.

Recent Publications

The Brexit Inflection Point: The Pathway to Prosperity

Saturday, 4 November 2017

Ahead of the proposed start of trade talks with the EU in December, the UK must adopt the right approach now if it is to remain an attractive trading partner after Brexit.

This new report by our Special Trade Commission, The Brexit Inflection Point: The Pathway to Prosperity, outlines the steps the UK needs to take now if it is to remain an attractive trading partner beyond March 2019.

It describes what is at stake: how the UK and the world will benefit from trade liberalisation, but conversely how failure to secure the right terms in the interim will leave the UK without the leverage needed to secure the right trade deals, placing it in a permanent rule-taking position, only halfway out of the EU.

Read the paper here.

The Quest for Prosperity: Shaping Australia's future

Friday, 27 October 2017

The political landscape in Australia currently faces a number of issues that threaten the future prosperity of the nation – issues related to economic and social wellbeing. From housing affordability, environmental issues, economic growth to funding issues for critical infrastructure. These issues manage to divide the nation between elections and these are the issues that all sectors of society are trying to address.

The Quest for Prosperity: Shaping Australia's future, has been prepared by the Legatum Institute in consultation with Chartered Accountants Australia and New Zealand. It examines Australia’s prosperity over the last decade – their current strengths and weaknesses and what this means to keep Australia’s living standards rising into the next decade. 

Read the paper here.

The Quest for Prosperity: Shaping the future of our regions

Tuesday, 24 October 2017

Prosperity was once considered purely a measurement of financial success. Today though, it’s a vital indicator of a nation’s health across the economy, society and the natural environment.

The quest for prosperity unites all countries — as they strive to improve communities, industries, health outcomes and preserve vital tourism and agricultural assets.

This paper has been prepared by the Legatum Institute in consultation with Chartered Accountants Australia and New Zealand. It is a data-driven analysis of prosperity across Australia, Hong Kong, Malaysia, New Zealand, Singapore, and the UK — key markets for Chartered Accountants Australia and New Zealand and its members.

Read the paper here.

More Good Homes: The urgent national mission for the UK

Tuesday, 3 October 2017

The Country We Want To Be, led by Danny Kruger, is a new programme which will cast a vision for the UK after 2019, looking forward to the opportunities and threats we face as Britain leaves the EU and forces a new path in the world.

The More Good Homes project is part of this programme. Our Introductory Note on housing policy informed a seminar we held at Conservative Party Conference with Secretary of State for Communities and Housing, Sajid Javid. Following this and through an open and consultative process we will publish a position paper in the autumn of 2017 and then a policy paper in 2018.

Read the note here.

Public opinion in the post-Brexit era: Economic attitudes in modern Britain

Friday, 29 September 2017

A landmark study of public opinion in the UK post the General Election has found that there is widespread support for Labour’s nationalisation agenda and much less support for free enterprise.

Public opinion in the post-Brexit era—written by our Senior Fellow Matthew Elliott and co-authored with Populus’ James Kanagasooriam—paints an unvarnished picture of what the public think about enterprise, regulation, big business, banks, nationalisation, capitalism and socialism, suggesting that support for capitalism is in crisis. It suggests that economic attitudes in the country are further to the left than is widely appreciated, posing a challenge for those who have seen at first hand the power of competition, entrepreneurship and free trade to drive prosperity.

This report is the beginning of a new phase of work at the Legatum Institute. Having published reports on the Dutch, French and German elections this year, looking at right-wing populists such as Geert Wilders, Marine Le Pen and the Alternative für Deutschland, Matthew Elliott will now be looking more closely at left-wing populists. This research will not just cover Jeremy Corbyn’s Labour Party, but also Bernie Sanders in the US, the GreenLeft in the Netherlands, Jean-Luc Mélenchon in France and The Left in Germany. Having witnessed the growing popularity of populist ideas, we intend to explore the reasons for these attitudes and identify what can be done—by opinion-formers, politicians and the public —to explain the case for free enterprise more effectively.

Read the paper here.

A brief guide to the German election: Merkel's coalition crossroads

Friday, 15 September 2017

In this report, published on the eve of the Bundestag election, we try to answer another relevant question: why has populism failed to take off in Germany? The extreme forces on both sides of the political spectrum have remained at the fringe, despite Germany facing the same forces of global change as its neighbours. We explore to what extent this is down to Angela Merkel’s leadership or historical and economic reasons.

Read the guide here.

Mutual Interest: How the UK and EU can resolve the Irish border issue after Brexit

Monday, 11 September 2017

Legatum Institute's Director of Economic Policy and Prosperity Studies and chair of our Special Trade Commission, Shanker Singham along with authors Austen Morgan, Victoria Hewson and Alice Brooks, set out the steps to minimise potential disruptions at the Irish border, so that we can ensure a future for the UK and the Republic of Ireland that is open and inclusive, that creates growth and jobs, and encourages innovation and enterprise.

Read the paper here

The Quest for Prosperity: How can New Zealand keep living standards rising for all?

Monday, 21 August 2017

For a number of years, New Zealand has topped the Legatum Prosperity Index™ largely in part due to its high scores for its open economy and strong social capital. Our latest paper written by the Prosperity Index team and commissioned by the Chartered Accountants of Australia and New Zealand, looks at what New Zealand needs to do in order to ensure it continues delivering high living standards for all New Zealanders. 

“New Zealand should be proud of the way it currently delivers and secures prosperity for Kiwis,” says Stephen Brien Senior Fellow at the Legatum Institute. “However, maintaining and furthering that prosperity in the future will depend on the depth and breadth of the nation’s human capital.

“To achieve ongoing prosperity, New Zealand must ensure as many people as possible are equipped with the required skills, and have the opportunity, to contribute to society. This will benefit not only the economy, but also the wellbeing of individuals and the communities they live in.”

Read the report here.

Developing a True Transatlantic Partnership—a High Standard Trade Agreement to Propel the Global Economy

Monday, 19 June 2017

Our latest Special Trade Commission Paper sets out how the UK should negotiate a strong and effective Free Trade Agreement with the US.

Read the full report here.

French Legislative Elections 2017: First Round Analysis

Thursday, 15 June 2017

As part of his Senior Fellowship, Matthew Elliott is researching the rise of populism and examining the underlying factors contributing to the rise (or otherwise) of populist movements across the world. Following on from his analysis of the French presidential election, this short paper provides an analysis after the first round of voting in the legislative elections.

Central and Eastern Europe Prosperity Report

Thursday, 15 June 2017

This inaugural 2016 Central and Eastern European Prosperity Report underscores the importance of looking beyond wealth. It shows that while Central and Eastern Europe’s (CEE) average income remains far behind that of Western Europe, its prosperity has converged at a much faster rate. 

A Blueprint for UK Trade Policy

Wednesday, 26 April 2017

In this paper Shanker Singham, Chairman of the Legatum Institute's Special Trade Commission, sets out a blueprint for pursuing trade policy after Brexit.

A brief guide to the French election: Populism across the spectrum —left, right and centre

Friday, 21 April 2017

As part of his Senior Fellowship, Matthew Elliott is researching the rise of populism and examining the underlying factors contributing to the rise (or otherwise) of populist movements across the world. His second paper is a brief guide to the French election, taking place on Sunday 23 April. Will Marine Le Pen succeed where Geert Wilders failed.

A new UK/EU relationship in financial services – A bilateral regulatory partnership

Thursday, 13 April 2017

A joint report by the Special Trade Commission and law firm CMS sets out how coordination of financial services regulation between the UK and the EU after Brexit could work – to maintain cross-border financial services trade and improve competitiveness in the sector.

Parenting Skills Classes: Transforming the Next Generation

Monday, 10 April 2017

Families are the bedrock of our society and this is recognised by the public at large—as our recent survey accompanying this report confirms, 84 percent of respondents endorse this statement.

Read the full report here.

Cristina Odone interviewed 70 parents and a number of experts as part of her research. Listen to some of these interviews here

Prosperity in an independent Scotland: Analysis from the Legatum Prosperity Index™

Friday, 17 March 2017

If Scotland were to become independent how will it impact the prosperity of future generations? The Legatum Prosperity Index™ team analyses the issue using data from the global Legatum Prosperity Index™ and data from the first ever UK Prosperity Index, mapping prosperity across 389 local authority areas.

Overnight Analysis: Dutch Election 2017

Thursday, 16 March 2017

As part of his Senior Fellowship, Matthew Elliott is researching the rise of populism and examining the underlying factors contributing to the rise (or otherwise) of populist movements across the world. Following Matthew's pre-election guide to the Dutch election, this short report provides an immediate post-election analysis of the results. A longer paper will be published later in the year with a more considered analysis of the voting patterns and the new coalition government.

A brief guide to the Dutch election: Will the rise of populism continue into 2017?

Monday, 13 March 2017

As part of his Senior Fellowship, Matthew Elliott is researching the rise of populism and examining the underlying factors contributing to the rise (or otherwise) of populist movements across the world. His first paper is a brief guide to the Dutch election, taking place on Wednesday 15 March. Will the rise of populism continue into 2017?

Brexit: World Trade Organization Process and Negotiation of Free Trade Agreements

Tuesday, 28 February 2017

Legatum Institute's Director of Economic Policy and Prosperity Studies and chair of our Special Trade Commission, Shanker Singham writes about best practice for the U.K. to negotiate Free Trade Agreements following Brexit in this short paper, Brexit: World Trade Organization Process and Negotiation of Free Trade Agreements

Special Trade Commission: Brexit, Movement of Goods and the Supply Chain

Wednesday, 8 February 2017

Legatum Institute Director of Economic Policy and Prosperity Studies, Shanker Singham and Senior Counsel for the Special Trade Commission, Victoria Hewson author a new Legatum Institute paper that looks at the trade opportunities for the U.K. resulting from Brexit.