Pathways to Prosperity

The Legatum Institute has a global vision: to see all people lifted out of poverty. Our mission is to create the pathways from poverty to prosperity, by fostering Open Economies, Inclusive Societies and Empowered People.

Our simple big idea

Young boys pose for the camera in Manuka Tola Village, in Bettiah of West Champaran district in Bihar. Photograph: Sanjit Das/Panos for Legatum Foundation

The Legatum Institute has a global vision: to see all people lifted out of poverty. Our mission is to create the pathways from poverty to prosperity, by fostering Open Economies, Inclusive Societies and Empowered People.

We do this in three ways:

Our Centre for Metrics which creates indexes and datasets to measure and explain how poverty and prosperity are changing.

Our Research Programmes which analyse the many complex drivers of poverty and prosperity at the local, national and global level.

Our Practical Programmes which identify the actions required to enable transformational change.

The Prosperity Engine

The Legatum Institute’s research is framed by its view of how prosperity is created. Informed by the insights generated by our annual Prosperity Index, the “Prosperity Engine” illustrates that prosperity is the result of economic and social wellbeing working together.

True prosperity is about more than material wealth. We believe that a truly flourishing and prosperous society relies on two key drivers: economic and social wellbeing.

This view is also informed by our core beliefs:

  • We believe everyone has potential: People of all nations have immense personal worth, dignity, and value. They should be given the opportunity to realise their potential.
  • We believe transformation is possible: Prosperity is created by transforming lives, not by maintaining the status quo.
  • We believe prevention is better than cure: Preventing problems is the most effective way to put people on the pathway from poverty to prosperity.
  • We believe in engagement beyond government: Problems are being solved all over the world by individuals, charities, businesses, and communities.