Reaction Radio

Edward Hugh submits:

Finland, we have recently been told, is the world’s most prosperous nation, and it is deemed to be prosperous not only in monetary and financial terms, but also in terms of the implicit wealth of its democracy and governance. This striking assessment is to be found in the latest edition of what is known as the "Prosperity Index", an initiative launched by the Legatum Institute, a London-based think-tank. In fact Finland took first prize – up from third last year – and was closely followed by Switzerland and the other Scandinavian countries (Sweden, Denmark and Norway – also see Doug Muir’s "debunk" of all this brouhaha here).

Finland was also notable for its recent second-place showing in the latest edition of the Tech-competitiveness index released by the Economist Intelligence Unit. The Index, which is commissioned by the Business Software Alliance, analyzes data on 66 countries around the world in an attempt to determine which of them have the most competitive information technology sectors. The study, now in its third year, examines variables like the overall business climate, the pervasiveness of the tech infrastructure, the strength and transparency of its legal system,and the availability of a well-educated and technologically literate workforce. As I say, Finland came in second to the United States, displacing last year’s runner-up, Taiwan.

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