Norway yet again
Oct. 28th, 2010 12:05 pmAnother of my occasional looks at the various ranking tables around the world thanks to this article which reports that NZ ranks fifth in the world prosperity stakes according to some Dubai based think tank. Two points stand out.
First is that non-economic factors (education, democracy etc) push us up the list. They compensate for our dismal GDP per-capita ranking (28th). It would be interesting to know the weightings for these factors given in scoring this table.
Second is that we rank ourselves a lot lower than the outsider viewpoint. We really are a bunch of "glass half empty" types if this is to be believed.
I only mention this result because the other day I described our economy as "third world" to somebody thinking of moving here. Just adding some perspective.
ETA - if anybody is interested, the source info is at http://www.prosperity.com/
First is that non-economic factors (education, democracy etc) push us up the list. They compensate for our dismal GDP per-capita ranking (28th). It would be interesting to know the weightings for these factors given in scoring this table.
Second is that we rank ourselves a lot lower than the outsider viewpoint. We really are a bunch of "glass half empty" types if this is to be believed.
I only mention this result because the other day I described our economy as "third world" to somebody thinking of moving here. Just adding some perspective.
ETA - if anybody is interested, the source info is at http://www.prosperity.com/