Ireland is the 11th most prosperous country in the world

bleg

Based on the Legatum Prosperity Index.

http://www.prosperity.com/default.aspx

Further details as to how it is calculated can be found here:

http://www.prosperity.com/summary.aspx

Individual rankings can be found here for Ireland:

http://www.prosperity.com/country.aspx?id=IE


Overall I believe that this is a pretty fair reflection of Ireland and its place in the world.

Overheal

or a reflection of how screwed we all are

drkpower

Yes, but the €100 property tax will change all that.....

Einhard

I await those who, using subjective personal observations and anecdotes, will reflexively dismiss these findings because they don't fit with their own narrative of how Ireland is a terrible place to live...

EDIT: It seems we're an untrustworthy bunch! Only 30.5% of Irish people trust others in society. That appears a bit low to me. Now, where did I leave my wallet...

Also, education and health systems ranked 12th and 11th in the world respectively. That should provide some fodder for those who insist that the Irish health service is entirely dysfunctional.

Wow this is the survey that just keeps on giving! I wonder if those who blindly advocate an icelandic approach to the financial crisis would be so supportive were their savings being eroded by an Icelandic-like 11% inflation rate...

zenno

It will be the 19th most prosperous country in the world in 2 years so enjoy the statistics while they last.

n900guy

Einhard wrote: »

I await those who, using subjective personal observations and anecdotes, will reflexively dismiss these findings because they don't fit with their own narrative of how Ireland is a terrible place to live...

EDIT: It seems we're an untrustworthy bunch! Only 30.5% of Irish people trust others in society. That appears a bit low to me. Now, where did I leave my wallet...

Also, education and health systems ranked 12th and 11th in the world respectively. That should provide some fodder for those who insist that the Irish health service is entirely dysfunctional.

Wow this is the survey that just keeps on giving! I wonder if those who blindly advocate an icelandic approach to the financial crisis would be so supportive were their savings being eroded by an Icelandic-like 11% inflation rate...

We were number 9 in 2009 on the same index. Not that there is a trend of any major economic and social changes going on in Ireland that could possibly have negative repercussions over the coming decade or two. Oh nosiree!

Einhard

n900guy wrote: »

We were number 9 in 2009 on the same index. Not that there is a trend of any major economic and social changes going on in Ireland that could possibly have negative repercussions over the coming decade or two. Oh nosiree!

So we were 9th and now we're 11th. Big whoop. And yes, we could go even lower in the next few years, just as I might develop diabetes or cancer, or lose loved ones over the next few years. But, like most people, I tend not to let what might happen totally obscure my experience of the here and now. It's as if some people just refuse to hear anything remotely positive about Ireland at the moment.

gaffer91

Einhard wrote: »

I await those who, using subjective personal observations and anecdotes, will reflexively dismiss these findings because they don't fit with their own narrative of how Ireland is a terrible place to live...

EDIT: It seems we're an untrustworthy bunch! Only 30.5% of Irish people trust others in society. That appears a bit low to me. Now, where did I leave my wallet...

Also, education and health systems ranked 12th and 11th in the world respectively. That should provide some fodder for those who insist that the Irish health service is entirely dysfunctional.

Wow this is the survey that just keeps on giving! I wonder if those who blindly advocate an icelandic approach to the financial crisis would be so supportive were their savings being eroded by an Icelandic-like 11% inflation rate...

Well said! We are up shít creek at the moment in a big way but people forget how well off this country is and how good it is to live in by international standards. People on boards in particular seem prone to whinging about practically everything in the country.

zenno

Einhard wrote: »

It's as if some people just refuse to hear anything remotely positive about Ireland at the moment.

Positive hahahahahahahaha ? what in the name of fcuk is positive in Ireland right now lol, this country is in a diabolical state and it doesn't take a genius to see where were heading. positive my arse. christmas has muddled you're brain. Fin. ah sure if a doomsday asteroid was going to wipe us out we may as well be Positive huh ?.

drkpower

zenno wrote: »

Positive hahahahahahahaha ? what in the name of fcuk is positive in Ireland right now lol, this country is in a diabolical state.

But the actual evidence suggests otherwise.

zenno

drkpower wrote: »

But the actual evidence suggests otherwise.

yeah, keep believing the tabloids, sure they are always correct. evidence of which is false.

drkpower

zenno wrote: »

yeah, keep believing the tabloids, sure they are always correct. evidence of which is false.

What are you talking about?!

The Legatum Prosperity index is a tabloid?:D

zenno

drkpower wrote: »

What are you talking about?!

The Legatum Prosperity index is a tabloid?:D

and also the The Legatum Prosperity index, i forgot to include this as well.

drkpower

zenno wrote: »

and also the The Legatum Prosperity index, i forgot to include this as well.

You are not making any sense.

Would you like to explain what your point is?
Is it that the The Legatum Prosperity is a tabloid....?
Or that the data and analysis it provides is in someway flawed?

If so, you might present some actual evidence.

zenno

drkpower wrote: »

You are not making any sense.

Would you like to explain what your point is?
Is it that the The Legatum Prosperity is a tabloid....?
Or that the data and analysis it provides is in someway flawed?

If so, you might present some actual evidence.

you should present some factual evidence yourself as all that junk prosperity index lark is not evidence, it's just an hypothesis test. it's not my fault you are confused

drkpower

zenno wrote: »

you should present some factual evidence yourself as all that junk prosperity index lark is not evidence, it's just an hypothesis test. it's not my fault you are confused

I hate to have to repeat myself over and over.

Try again: Are you stating that the data and analysis it provides is in someway flawed?

If so, you might explain why.

zenno

drkpower wrote: »

I hate to have to repeat myself over and over.

Try again: Are you stating that the data and analysis it provides is in someway flawed?

If so, you might explain why.

of course the The Legatum Prosperity index is flawed. they didn't take into account austerity measures imposed on countries. so it's flawed from the start.

drkpower

zenno wrote: »

of course the The Legatum Prosperity index is flawed. they didn't take into account austerity measures imposed on countries. so it's flawed from the start.

Really?

In what way did they not take austerity measures into account?
You might point to where the report makes that assertion, or from where you have implied it, and why.

Icepick

It's like people saying that today's world is extremely violent and more violent than ever despite the fact we are living in the most peaceful period of human existence.

zenno

zenno wrote: »

Positive hahahahahahahaha ? what in the name of fcuk is positive in Ireland right now lol, this country is in a diabolical state and it doesn't take a genius to see where were heading. positive my arse. christmas has muddled you're brain. Fin. ah sure if a doomsday asteroid was going to wipe us out we may as well be Positive huh ?.

Did you have a warm meal today?
Do you live in house that's warm and dry?
God forbid if you needed emergency services tonight would you be confident of the police, ambulance or fire brigade arriving in a timely fashion?
Do your kids go to school or play in rat infested streets?

In Ireland today the vast majority of folk live in warm houses with plenty of grub, lots of the telly, laptop to play with, be it work or social welfare they'll get the few quid for the essentials next week and life will go on.

partyatmygaff

zenno wrote: »

you should present some factual evidence yourself

An institute that studies prosperity that's reviewed by leading scholars and academics doesn't count as factual evidence?

as all that junk prosperity index lark is not evidence,

Then what is evidence? Anecdotes by Taxi Drivers and rants posted on AH?

zenno

RoverJames wrote: »

Did you have a warm meal today?

I did but just about.

Do you live in house that's warm and dry?

not warm but dry, which will do nicely, no complaints with that.

God forbid if you needed emergency services tonight would you be confident of the police, ambulance or fire brigade arriving in a timely fashion?

I'd be very confident.

Do your kids go to school or play in rat infested streets?

No, I don't have kids.

In Ireland today the vast majority of folk live in warm houses with plenty of grub, lots of the telly, laptop to play with, be it work or social welfare they'll get the few quid for the essentials next week and life will go on.

well it's well for some that do have plenty of everything as you say but you're statistics are not correct in regard to "the vast majority" imo.

I do agree with your comment on emergency services/assistance as it is very good here i have to say.

as for Partyinmygaff well i was ranting a bit there but as i always do i get carried away in a drunken frenzy.

I still believe these prosperity indexes are rubbish and are not in direct accordance with the real situation of many people here that don't fit into the category of the "vast majority of folk live in warm houses with plenty of grub, lots of the telly, laptop to play with". as this is rubbish as well imo.

ok fair enough, we do have it better off than a lot of other countries. there will be many more austerity measures put in place soon that will damage the vulnerable in this country and of course when, and it will happen, the euro collapses the so-called prosperity index will be wrong again. a human being is not an index or statistical index for a dataset, there's a lot of people here now that may as well be living in a third world country and it's only starting to kick in now. prosperous for some but not prosperous for many others.

zenno

zenno wrote: »

...............



well it's well for some that do have plenty of everything as you say but you're statistics are not correct in regard to "the vast majority" imo................there's a lot of people here now that may as well be living in a third world country and it's only starting to kick in now................

By the vast majority I'd be reckoning 95% of the population, that I feel wouldn't be a blinkered view as my path crosses those who are employed, those who are long term unemployed, those who are recently (a year or two) unemployed and also self employed folk who are not at all busy and who don't get any social welfare. I also know a few pensioners who rely solely on the state pension.

When you say ".there's a lot of people here now that may as well be living in a third world country" would you care to roughly quantify what are "a lot" ?

Voodoo_rasher

Aye, not bad for a 'failed state.

With the highest levels of inequality in the WEstern world according to that other think-tank/whatever - OECD.

Wonder will many of the 70,000 who left these past months concur with Legatum?

Hope I'm out of here next.

I know a prosperous country when I've experienced one.

laoch na mona

as peig would say recession mo thóin

meglome

Voodoo_rasher wrote: »

Aye, not bad for a 'failed state.

Nope not bad.

Voodoo_rasher wrote: »

With the highest levels of inequality in the WEstern world according to that other think-tank/whatever - OECD.

Really, got backup for that?

Voodoo_rasher wrote: »

Wonder will many of the 70,000 who left these past months concur with Legatum?

When you say past months you mean the last couple of years. Jobs are most definitely a problem right now but getting €188 a week minimum isn't leaving anyone starving.

Voodoo_rasher wrote: »

I know a prosperous country when I've experienced one.

Well you need to travel more. I've been all over the world and we have it pretty damn easy.

LordSutch

Dear Lord, only a few short years ago we were told (and we told ourselves) that we were one of the wealthiest countries in the World (joke)?
Then we went bust and needed the bailout > and now we're supposed to be the 11th most prosperous country in the World

Solair

We're like a wealthy family that has remortgaged the house to pay off our idiot, gambling, arrogant spoilt brat son's massive credit card bill, drug debts money he borrowed from the mafia.

imitation

I think Irelands a great place to be if you have a stable job that pays reasonably well. The problem is that a large chunk aren't in this situation, or they are "trapped" by decreasing property prices. The people who are ok are either staying quiet or mouthing off about taxes they can easily afford.

I actually think Irish people have a good attitude in a strange sort of way, were very pessimistic and quick to recognize problems, but at the same time were pragmatic about it. I much prefer our way to the mad riots that happen on other countries.

Ultimately I think if the western world can solve the larger problems it faces (I.e the one way flow of money out) we will be one of the better off countries in the group.

Voodoo_rasher

Really, got backup for that?

It was given out on Newstalk during a Sunday discussion - Fergus Finlay was on the panel then. He knows his stuff. It has stuck in my mind ever since.

When you say past months you mean the last couple of years.

Yes I did

Well you need to travel more. .[/QUOTE]

I do indeed travel and Will continue to do so.

meglome

Voodoo_rasher wrote: »

I do indeed travel and Will continue to do so.

And on your travels you didn't notice now easy we have it?

zenno

European leaders have warned of a difficult year ahead, as many economists predict recession in 2012.
German Chancellor Angela Merkel said Europe was experiencing its "most severe test in decades" but that Europe was growing closer in the debt crisis.
France's President Sarkozy said the crisis was not finished, while Italy's president called for more sacrifices.



source: http://www.bbc.co.uk/news/world-europe-16377010



We need to get the fook out of this Euro trap before it destroys us permanently. no matter how bad things get for the E.U merkel and sapkozy will just wring our necks until they get their way to force fiscal policy onto us and by jasus you will feel the pinch then. we need out of the euro now and the rest of you braindead people that are so permanently integrated/brainwashed into saving the euro should just laugh at yourselves as you people are killing this country with your euro loving non-fix.


well as we all wait for the next austerity measures to take place for the next few years the dumb asses in brussels will be thinking of other ways to fook our country up and before you know it we will have no country left because the bloody germans will be running it for you while the citizens of Ireland suffer dreaded austerity injections.



the euro will crash and this is a fact, it cannot be saved. the only way they can sort of save it is if they push so deeply with austerity measures that they can hold the euro on a knife-edge for a while before it crashes. we should leave now while the going is good and ok we will have to do a year or two in dire straits but it will nip this parasite euro in the bud and we can start off afresh. this bloody E.U will be the death of us all.



rant ended.

meglome

zenno wrote: »

...snip...

I was going to reply in detail but to be honest there's so much rubbish in your post I can't be bothered. Probably my hangover.

zenno

meglome wrote: »

I was going to reply in detail but to be honest there's so much rubbish in your post I can't be bothered. Probably my hangover.

yeah right, whatever your hangover thinks. your comment was rubbish also. you fcuking people make yourselves look sad with your euro loving. it's time to leave the euro imo.

many of hangovers this afternoon i'm sure so try and answer the question that you were too hungover to answer instead of spluttering sh1t.

meglome

zenno wrote: »

yeah right, whatever your hangover thinks. your comment was rubbish also. you fcuking people make yourselves look sad with your euro loving. it's time to leave the euro imo.

many of hangovers this afternoon i'm sure so try and answer your question that you were too hungover to answer instead of spluttering sh1t.

It's paper money, I have no love for it other than it's very useful for keeping a roof over my head and food on the table. I do love a bit of reality though, and the reality is leaving the euro would cost us a lot of money. Not my opinion, but the view of many experts. There is a UBS report on it. Your little rant is typical of these rants, they go something like this:
1. Leave the Euro
2. ??????????????
3. Profit.

I don't give a shít what you think and certainly you haven't said anything that makes any practical sense. Have a nice day.

zenno

meglome wrote: »

It's paper money, I have no love for it other than it's very useful for keeping a roof over my head and food on the table. I do love a bit of reality though, and the reality is leaving the euro would cost us a lot of money. Not my opinion, but the view of many experts. There is a UBS report on it. Your little rant is typical of these rants, they go something like this:
1. Leave the Euro
2. ??????????????
3. Profit.

I don't give a shít what you think and certainly you haven't said anything that makes any practical sense. Have a nice day.

ok man fair enough. i'm sorry for the comment i made to you as it was not appropriate at all so i apologise for that. there was no need for that kind of remark from me.

I just think we would be better off leaving the united states of europe and start afresh. but people don't want to hear this but down the line it will be a lot worse if we stay.

I just think that we should get rid of the whole bloody thing.

sure look how much money it has costed us now and it will never end. how much more do you think is ok ? we need out.

bleg

Wow, if people actually bothered to read the website you'd see that they don't just measure prosperity in terms of economic activity. It's measured according to a number of criteria. We came 35th in the economy criterion. Pretty fair really. There is a solid enough bedrock in the Irish economy but the cost of paying banking debt and adjusting for the shortfall in stamp duty and boom related taxes is holding us back, for now. However just like the good times didn't last forever, the bad times won't either.

Icepick

Voodoo_rasher wrote: »

Wonder will many of the 70,000 who left these past months concur with Legatum.

Those people mostly moved to countries that are ranked even higher.
It's a chart. 11th place doesn't mean that everything is perfect.

Also, there is more to prosperity than just economic performance.

Cork boy 55

http://www.prosperity.com/country.aspx?id=IE
The Prosperity value appears to be based on data based on 8 groups
as can be seen in graph at link above above (if we where a perfect score the orange line
would wrap around the edge of the octagon as you can the economy branch of the octagon is where Ireland falls down.

In the index we are ranked 35th in economy scale heres what they sat about that

Ireland ranks 22nd in the Index for its high level of gross domestic savings. The unemployment rate is significantly above the global** average, at nearly 12%, although the 55% of people who reported in 2010 that they were engaged in either paid or unpaid labour* places Ireland 50th in the Index, on this variable. In 2010, almost 95%* of the population reported that, in the previous year, they had enough money to provide adequate food and shelter for their families, and 83%* were satisfied with their standard of living. Ireland places eighth and 14th on these variables, respectively. However, the Irish are the third most pessimistic about local job opportunities* in the Index, and their expectations for the economy are 68th* globally. Further, with an average GDP contraction of 0.4% per capita per year from 2005 until 2009, the country ranks in the bottom five of the Index, on this variable. However, the very high capital per worker of 134,000 USD (PPP) sets the country among the top 10 globally, for this variable. It also makes the top 40 in the Index for its above global average market size, and the proportion of high-tech goods in its exports, which account for almost a quarter. Ireland attracts a low level of foreign direct investment. The percentage of under-performing loans is significantly above the global average, at 9%, and the Irish have little confidence in the financial sector, placing 108th* worldwide, on this variable.

The other 7 rankings are

Entrepreneurship & Opportunity11th
Governance 14th
Education 12th
Health 11th
Safety & Security 3th
Personal Freedom 9th
Social Capital 10th

These pull us up to 11th according to this anyway.
all there in link at top as in OP


They also compare Themselves with other index ranks such as these
Index Comparisons
(Rank / Number of countries)
Legatum Prosperity Index
11th / 110
Average Life Satisfaction Ranking
63rd / 110
Per Capita GDP Ranking
13th / 110
WEF Global Competitiveness Index
29th / 139
UN Human Development Index
5th / 169
Heritage/WSJ Economic Freedom Index
7th / 179
TI Corruption Perceptions Index
14th / 178
Vision of Humanity Global Peace Index
11th / 153

Son Of A Vidic

Voodoo_rasher wrote: »

Aye, not bad for a 'failed state.

With the highest levels of inequality in the WEstern world according to that other think-tank/whatever - OECD.

Wonder will many of the 70,000 who left these past months concur with Legatum?

Hope I'm out of here next.

I know a prosperous country when I've experienced one.

A case of "Lies, damned lies, and statistics"

Or in this instance, laughable statistics.

bleg

Laughable statistics overall or just in general?


The positioning look fairly bang on in my opinion. It's not as if Angola is in the top 10 or anything mad like that. Every country has it's problems.

What statistics exactly and specifically do you classify as laughable? Don't just say Ireland's 11th position because that itself is based on background figures.

It would be extraordinary if all the other countries were bang on but Ireland was the only country in the list that they got wrong.

The vast majority of the 70,000 leaving a year would, I reckon, prefer to stay here but economic circumstances are pushing them elsewhere. That's the case for my friends and family who emigrated recently.

RandolphEsq

bleg wrote: »

Laughable statistics overall or just in general?


The positioning look fairly bang on in my opinion. It's not as if Angola is in the top 10 or anything mad like that. Every country has it's problems.

What statistics exactly and specifically do you classify as laughable? Don't just say Ireland's 11th position because that itself is based on background figures.

It would be extraordinary if all the other countries were bang on but Ireland was the only country in the list that they got wrong.

The vast majority of the 70,000 leaving a year would, I reckon, prefer to stay here but economic circumstances are pushing them elsewhere. That's the case for my friends and family who emigrated recently.

I would agree with that but qualify it with this; my friends who have left are all young so are excited at the opportunity presented by living abroad in another country. They don't see it as going forever, just for a few years. They will come back and still be young. Those of us who stay can benefit from their leaving in terms of less social welfare benefits to be paid out.

Anita Blow

zenno wrote: »

of course the The Legatum Prosperity index is flawed. they didn't take into account austerity measures imposed on countries. so it's flawed from the start.

No it's not.
If you actually read the index you'll see the economy is only one of several measures of prosperity. And you'll also see that they have taken account of our economic situation, seeing as we come in 35th and only average.

You should realise there's more to a person's wellbeing and happiness than the economy of the country they live in. Legatum realised that.

That's why we come in at 3rd for safety. Would you prefer to live here or the US in terms of terrorist threat? We rank in the top 10 for lowest homicide rates.
We come 9th for freedom. We're hardly oppressed.

I could go on but there's no point. Many factors contribute to prosperity, the economy is just one. The country's economy has gone to **** but that doesn't mean everything else has.

djpbarry

zenno wrote: »

It will be the 19th most prosperous country in the world in 2 years so enjoy the statistics while they last.

So Ireland will go from being one of the 20 most prosperous countries in the world to being ... one of the 20 most prosperous countries in the world.

Sweet. Jesus.

djpbarry

zenno wrote: »

I just think we would be better off leaving the united states of europe and start afresh. but people don't want to hear this...

Hear what? You're simply stating that Ireland will be better off outside the EU without providing explanation as to how this will be so.

zenno wrote: »

sure look how much money it has costed us now...

Being a member of the EU has cost Ireland money? How so?

Kev11491

I think Ireland is a good place to live to be honest, People winge about the prices of health care here and how ****e it is.. They clearly haven't been to the states were even a simple medical problem costs a fortune. I would love to send all the people who winge about this country to Eastern Europe for a month or two, Im sure they would miss Ireland then.

djpbarry

Kev11491 wrote: »

I would love to send all the people who winge about this country to Eastern Europe for a month or two...

While I agree with the general thrust of your post, that's a pretty silly statement. There are plenty of places in Eastern Europe that I would quite happily live, such as Prague and Ljubljana.

Voodoo_rasher

Kev11491 wrote: »

I think Ireland is a good place to live to be honest, People winge about the prices of health care here and how ****e it is.. They clearly haven't been to the states were even a simple medical problem costs a fortune. I would love to send all the people who winge about this country to Eastern Europe for a month or two, Im sure they would miss Ireland then.

http://www.thejournal.ie/its-official-irish-ranks-last-for-happiness-in-western-europe-318893-Jan2012/

not only the piece, but the comments at the end

meglome

Voodoo_rasher wrote: »

http://www.thejournal.ie/its-official-irish-ranks-last-for-happiness-in-western-europe-318893-Jan2012/

not only the piece, but the comments at the end

Oh I've been listening to the people on the Journal for some time and it's full of moaner and ranters. On multiple occasions I have posted links to show people their little rants were not based in fact and the same people are still having the same rants. I like the Journal and what they do but the comments are only moderated for abuse/libel etc and not for fact. The Ireland is doomed/The EU are our masters/Our 'Sovereignty' is gone' brigade are in their element over there. They can say what they like and don't have to prove a word of it.

I'd hate to see the day we really had to suffer in this country again.

Kev11491

djpbarry wrote: »

While I agree with the general thrust of your post, that's a pretty silly statement. There are plenty of places in Eastern Europe that I would quite happily live, such as Prague and Ljubljana.

In terms of Health and Education they don't really compare to us, We aren't the best but we are far from the worst.