The Legatum Institute's core programme area is dedicated to exploring the drivers of national prosperity. Its signature annual publication, the Legatum Prosperity Index™, is a unique national ranking measuring countries' economic wealth and the subjective wellbeing of their citizens.
The Economics of Prosperity programme looks at how policy-makers can develop legal, economic and governance environments that deliver increased economic activity, generate jobs and lift people out of poverty. In addition to producing papers, panels and seminars in the following areas, the programme develops country studies that identify the constraints to economic growth.
Legatum Institute Special Trade Commission (STC)
The STC produces positive, realistic and experienced advice for those who will negotiate UK trade agreements in the wake of Britain leaving the EU. It also aims to explain the process and pitfalls, the obstacles and opportunities that Brexit presents in terms of the British economy.
This programme focuses on the benefits of trade liberalisation and the barriers to it and highlights new issues in global trade.
Productivity and Competitiveness
This programme explores anti-competitive market distortions (“ACMDs”) and quantifies the productivity gains available in countries and communities with measurably different regulatory frameworks.
Morality of Capitalism
This programme develops the moral case for the free and competitive market system, and especially the negative impact of economic distortions. It highlights the immorality of distortions and explains how they push people into poverty. It develops ideas on crony capitalism versus competitive market capitalism. Finally, it explores the need for moral individuals in order for the free and competitive market system to work.
The programme is led by Shanker Singham, Director of Economic Policy and Prosperity Studies.
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Charles Street Symposium
The Charles Street Symposium is an annual forum for the world’s leading young researchers. Its aim is to bring together the best and brightest thinkers to address issues of relevance to public policy that are inadequately addressed and understood in existing research.
Commission on Wellbeing and Policy
The Legatum Institute's Commission on Wellbeing and Policy explored how the measurement of individual wellbeing can be usefully applied to policy formulation and analysis. Given the increasing agreement that GDP is an insufficient measure of national success the Commission sought to fill the gap between public policy formulation and improving measures of wellbeing. Chaired by former Cabinet Secretary Gus O'Donnell, the final report, Wellbeing and Policy, was launched in March 2014.