Is the Prosperity Index a quality of life Index?
The Prosperity Index differs from a quality of life study in its scope and objective. Quality of life studies tend to focus on individual-level indicators that impact a person’s life, such as life expectancy, job status, marital status, or recreational opportunities. These factors are very important to citizens’ well being, and therefore, the Prosperity Index includes them, but the Index also looks at aggregate measures that affect prosperity at the country-level such as trade performance, mortality and malnutrition rates, levels of corruption, and educational enrolment rates. It is common knowledge that quality of life is dependent on factors that directly affect an individual’s life, but a person’s ability to enjoy a good quality of life is also highly affected by key conditions of his or her society and government. Consequently, the Prosperity Index aims to assess a country’s progress towards wealth and wellbeing, as well as citizens’ levels of satisfaction about the state of this p