Legatum Index Lists Australia one of the best places to live

Australia is now listed as one of the luxurious and best places around the globe to live. Living in Australia has now come up towards the top of an index of the world’s most prosperous countries. According to the new Legatum Institute’s Index Australia has been ranked as the sixth most prosperous country of the world. The 2009 Legatum Prosperity Index is also the world's only global assessment of wealth and wellbeing of mankind. The Index finds that the most prosperous nations in the world are not necessarily those that have only a high GDP, but are those that also have happy, healthy, and free citizens. Now in its third year, the Index builds on the previous versions with expanded data and refined analysis and assesses 104 nations covering 90 percent of the world’s population. The measurements for the index were based on various factors.

The index provided by the institute ranks each nation based on wealth and happiness factors and surprisingly Finland came top followed by Switzerland, Sweden, Denmark and Norway. However excluding the European nations, Australia was ranked as the best place in the world to settle down in terms of happiness and wealth. The index also looked at 104 countries in total which analysed and speculated them against 70 variables including quality of life and material wealth.

The survey results also stated that the rankings given are not necessarily based on the economic wealth of the state but are based on those that have happy, healthy and free citizens. The results also indicate that immigrating to Australia is very popular among many foreign nationals including UK. Considering the top 10 variables in mind including personal freedom, health, safety and security, education, economic fundamentals and democratic institutions, immigrating to Australia was ranked in the top. People wishing to be wealthy and happy are also advised to move to Canada, as according to the ranking index, Canada is placed right after Australia in seventh place overall. The results are also a good way to offer some light on what constitutes success and prosperity of a country making it a worthy place to live.
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by varsha negi
www.angadinfo.com