Switzerland may need to take care of a number of extra soiled diapers in the coming year. Based on a new report by the Economist Intelligence Unit, the world’s best place to be born is Switzerland. South Africa came in at 53.
Each country is assessed according to 11 statistically significant indicators consisting of gender equality, life expectancy at birth, quality of family life, divorce rates, climate change ranked by monthly temperatures and rainfall amongst others.
Its quality-of-life index links the outcomes of subjective life-satisfaction surveys – how happy people state they are – to objective determining factors of the quality of life across countries. There is no doubt that wealth assists a lot more than anything else, however it is not all that matters; such things as crime, trust in public institutions as well as the health of family life are also taken into consideration. Overall, the index makes use of 11 statistically significant indicators into consideration. A number of indicators are fixed factors, for instance geography; a few adjust extremely slowly over time (demography, numerous social and cultural characteristics); while some factors rely upon policies along with the state of the world economy.
Even though many of the drivers associated with the quality of life are slow-changing, for this reason several ranking variables, for example income per head, have to be forecasted. The study makes use of the EIU’s economic forecasts to 2030, which happens to be approximately when children born in 2013 will reach adulthood.
In spite of the current worldwide economic crisis, times have in certain respects never been so good. Despite the fact that output growth rates happen to be declining throughout the world, income levels have reached or near historic highs. Life expectancy is constantly increasing slowly but surely and political freedoms have spread throughout the world. In various other ways, on the other hand, the crisis has left a deep imprint-in the euro zone, but also elsewhere – specifically on unemployment as well as security. As a result, it has drastically changed both family and community life.
Precisely what does all of this, and likely developments in the many years to come, necessarily mean for where a baby could very well be luckiest to be born in 2013? Following some number crunching, the EIU has Switzerland easily in the top spot followed by Australia.
The report indicates that small economies dominate the top ten. 50 % of these are European, however only one, the Netherlands, comes from the euro zone. The Nordic countries stand out, in contrast to the crisis-ridden southern region of Europe (Greece, Portugal and Spain) lags behind in spite of the benefit of a favorable climate. The largest European economies (Germany, France and Britain) tend not to do particularly well.
America, where babies will certainly end up with the massive debts of the boomer generation, languishes in 16th place. In spite of their economic dynamism, not one of the BRICS countries (Brazil, Russia, India, China and South Africa) scores that well at all. Among the list of 80 countries surveyed, Nigeria comes in in last place: this is basically the worst location for a baby to enter the world in 2013.