New Zealand Ranks as Best Place to Live

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By Douglas A. McIntyre Updated Published
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New Zealand ranked in first place in a new survey of 132 nations, based on measurements that include fulfillment of needs and basic quality of life. The research, called the Social Progress Index, was conducted by the The Social Progress Imperative, a nonprofit that defines its mission “to improve the quality of lives of people around the world, particularly the least well off, by advancing global social progress.”

The results of the survey are not novel, even if some of the research methodology is. Nations that do well on similar surveys rank at the top of the Social Progress Index. Wretchedly poor and war-torn nations rank near the bottom.

The study breaks nations into several tiers:

The top three countries in the world in terms of social progress are New Zealand, Switzerland, and Iceland. These three countries, closely grouped in terms of score, are relatively small in terms of populations. They score strongly across all social progress dimensions. The remainder of the top ten includes a group of Northern European nations (Netherlands, Norway, Sweden, Finland, and Denmark), Canada, and Australia. Together with the top three, these countries round out a distinct “top tier” of countries in terms of social progress scores

This list of nations is often at the top of studies of national well-being. All have homogeneous populations and strong social support for their populations, and also are economically advanced economies. Most have low national debt loads.

A notch lower is a second tier of countries that includes a group of 13 countries, ranging from Austria to the Czech Republic. This group includes a number of the world’s leading economies in terms of GDP and population, including five members of the G-7: Germany, the United Kingdom, Japan, the United States, and France.

While Americans no doubt would rather not be lumped with the Czech Republic, based on the Social Progress Index, the United States and the Czech Republic both have middling education and health care. America’s gross domestic product (GDP) may be well ahead of any other nation, but this report points out that the benefits of wealth do not reach most people in the population.

The next level of social progress is a third tier of countries, ranging from Slovakia to Israel. This diverse group of nations includes countries at sharply different levels of economic development, ranging from Costa Rica (which significantly out-performs its rank in terms of GDP) to the United Arab Emirates (which has one of the highest measured GDPs per capita in the world but is ranked 37th in terms of SPI). Clearly high GDP per capita a one does not guarantee social progress.

It may trouble some analysts and economists that nations as diverse as Slovakia and Israel are compared when their histories and cultures, and probably the expectations of the residents, are so different.

And:

At the next, fourth, tier is a large group of approximately 50 countries ranging from Kuwait at 40th to Morocco at 91st. These countries are closely bunched in terms of their overall Social Progress Index score, but have widely differing strengths and weaknesses

And:

A fifth tier of countries, ranging from Uzbekistan (92nd) to Pakistan (124th), registers substantially lower social progress scores than the fourth. Many of these countries also have low GDP per capita, but some are much more highly ranked on GDP per capita.

Finally, a bottom tier of eight countries registers the world’s lowest levels of social progress, from Yemen (125th) to Chad (132nd). The Social Progress Index provides evidence that extreme poverty and poor social performance often go hand-in-hand.

Most evaluations of the well-being of the residents of the world’s countries find the regions of central Africa and violent regions like Pakistan well represented in the lowest tier. To that extent, the research reveals the obvious.

Several times a year, think-tanks issue reports on the overall quality of life of the world’s residents, nation by nation. The results rarely vary much. Long established nations with white populations, high incomes and good social services do well. Areas that always include the poorest parts of Africa do not. The Social Progress Index findings do not give us any new information.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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