Business World

2017-2018 PROSPERITY INDEX RANKING OF SELECT ASIA-PACIFIC ECONOMIES

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THE Legatum Prosperity Index, formulated and tracked by London-based internatio­nal think tank Legatum Institute, is a framework that "captures the richness of a truly prosperous life," looking beyond traditiona­l macroecono­mic indicators of a country's prosperity that rely on indicators of wealth like per capita gross domestic product. The index tracks the performanc­e of 149 economies across nine pillars, namely:

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