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The World Economic Forum (WEF) reports that Sweden succeeds in a number of areas important for the health and well-being of the nation and the wellness of its citizenry.
Firstly, Sweden is the best nation to do business with and in. It ranks number one in terms of the best countries for business. The powerhouse of economy of the United States is in 23rd place on that ranking. Only a decade ago, Sweden ranked 17th in that listing. With conscious effort and initiatives, it went straight to the top. Sweden continues to be a globally competitive nation based on the Global Competitiveness Index provided by the WEF.
The growth of the country has been good and the deficit has been decreased. Sweden has a high rate of employment in addition to a high level of women citizens participating in the workforce. It is also strong on gender equality, ranking fourth on the Global Gender Gap Index circa 2016. Sweden closed about 81% of the overall gender gap for the nation. There has been a significant increase in “female legislators, senior officials and managers, and [Sweden] has reached parity in the number of women in ministerial positions.”
In another ranking, the Corruptions Perceptions Index, Sweden is ranked 4th out of a total of 186 countries, placing it near the top of the charts in terms of being a transparent and anti-corrupt country.
According to an index known as the European Commission’s European Innovation Scoreboard 2016, Sweden is also an innovative country, which reflects upon the economic development of the country as well. Some of these factors might be associated with one another in a higher factorial analysis. Sweden is known as an “innovation leader” and takes top place alongside other economic and innovative powerhouses such as “Denmark, Finland, Germany, and the Netherlands.”
Sweden also has the second most powerful passport in the world according to Henley and Partners, a citizenship and planning firm, allowing Swedes to visit 175 countries without a visa.
For people who want a good place to grow old in, Sweden is one of the best places in the world because life quality is very high for all the people according to the Global AgeWatch Index 2015. Swedes have “above average level employment levels” and “levels of educational attainment.”
The language skills of the Swedes are high with regards to English. English is the lingua franca of the international world. Therefore, it is an important aspect of being part of international community, whether in be in business or in diplomatic relations. In addition, it has a good reputation for being a “great place for families” and a “safe country for women.”
As previously noted, these indices are likely to work in association with each other and, together, mark Sweden as a high-ranking country for health and wellbeing of society and individuals.