“Global prosperity hits highest ever level.”

That’s one of the many positive findings in the Legatum Institute’s Prosperity Index for 2019. From the Executive Summary:

The Legatum Institute’s revised and improved 2019 Prosperity Index quantifies prosperity in 167 countries across the globe, which together contain 99.4% of the world’s population. …

Global prosperity has steadily improved over the past decade and is at its highest level ever, with 148 countries improving since 2009. …

North America remains the most prosperous region. …

Economies have become more open over the last decade, with enterprise conditions, market access and infrastructure and investment environment all strengthening…. Living conditions, health, and education have also improved. …

Improvements to health-care systems and health outcomes have driven the enhancement seen in global health. Education has also improved, particularly tertiary education, and the adult population is now more educated than they were previously.

Greater personal financial security and increased access to basic services have also led to the improvement in living conditions. …

Despite what the doomsayers would have you believe, things are actually getting better, especially for people in the developing world. One more thing to give thanks for on Thursday!

Jon Guze / Director of Legal Studies

Jon Guze is the Director of Legal Studies at the John Locke Foundation. Before joining the John Locke Foundation, Jon practiced law in Durham, North Carolina for over twent...

Reader Comments