Port Vila, Vanuatu (PressExposure) October 30, 2009 -- Will the United States of America fight back, or continue slowly losing its position as a world leader and Super Power?
The latest annual âprosperity indexâ published by the Legatum Institute, a London-based research firm which inquires into global wealth and wellbeing, showed the USA ranks as the 9th most prosperous country in the world. That's five notches lower than last year. It appears other countries are recovering faster from the recession, than the United States.
China and India have recovered quickly from the recession. Brazil seems to be pushing forward. Australia is reviving faster than expected, prompting fear among government officials, who worry they may have overstimulated the economy. America is muddling meanwhile through a weak, jobless recovery.
In 2010 the IMF predicts that the U.S. economy will increase 1.9%. That's slightly above the average for all advanced economies, though at least 10 developed nations will grow faster than the U.S.
America was placed 7th in education, behind, Norway, Denmark, Finland, Sweden, Greece and Australia.
In the World Economic Forum report on global competitiveness, the United States fell to No. 2.position. Switzerland being the No. 1 country. However The Legatum index ranks America first for entrepreneurship and innovation, followed by England.
America ranks 27th for the health of its citizens. In America, life expectancy is below the average for 30 advanced countries, as measured by the OECD. Americaâs obesity rate is by far the worst among those 30 countries. Norway, Ireland, Switzerland, Singapore and Belgium took the top positions in health.
In the United Nations' Human Development Index, which attempts to measure the overall well-being of citizens throughout the world, the United States ranks 13th. This is one notch lower than in the previous set of rankings. Norway, Australia, Iceland and Canada are in the top positions.
In the OECD's measurement of âlife satisfactionâ, the United States ranks 11th, behind Denmark, Finland and the Netherlands. The United States is one of four countries where life satisfaction is decreasing, not increasing. The other âgoing-downâ nations are Portugal, Hungary, Canada and Japan. The research however behind these rankings was collected prior to the worldwide recession.
In a GfK Roper survey of how nations rate as global âbrands,â America rocketed from No. 7 in 2008 to No. 1 in 2009, largely because the world cheered the election of Barack Obama as U.S. president.
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