what do you thing is needed for a city to be prosperous.
Answers
Explanation:
This year in Lithuania there are plenty of discussions going on how there is a need to introduce progressive taxes so the income inequality wouldn’t be so big (don’t ask me what’s big — the definition eluded politicians again).
But the same is happening all over the world — everybody is excited about income inequality and taxes, and there are lots of discussions going on about improving life for everybody and not a select few.While income inequality is a bit controversial topic (see the video from 1990), I got interested in a bit more practical question that should matter to everybody — what makes a country prosperous? Actually, it should read more like “what makes life good for a citizen in a country” so we are clear, that it’s about the people that live in there.
What is really cool is that these days we have a lot of data and lots of methods that are readily available to analyse it (thank you Pandas and Matplotlib!). With the help of data, it is possible to make much more informed decisions.The data
So what I’ve done? I’ve gathered every useful index available on various aspects of the country and ran some data analysis on the relationships between it.
There are quite a few indexes that I’ve found useful:
Quality of Life:
World Happiness Report — measures happiness (doh) by combining multiple surveys and social factors.
Human Development Index — includes things like life expectancy, education, and per capita income.
Social Progress Index — measures the extent to which countries provide for the social and environmental needs of their citizens.
Legatum Prosperity Index — the ranking is based on a variety of factors including wealth, economic growth, education, health, personal well-being, and quality of life.
Education Index
These are going to be useful to define the quality of life in the country. In the end, these are the things that matter for a regular citizen in the country.
Economy:
Doing Business — combines multiple criteria on how easy it is to start a new business.
Global Competitiveness Index — assesses the ability of countries to provide high levels of prosperity to their citizens by measuring the set of institutions, policies, and other factors.
Corruption Perceptions Index — measures perceived levels of corruption, as determined by expert assessments and opinion surveys. Please note, that higher value means lower corruption.
Gini Coefficient — assesses the magnitude of the difference between top earners and bottom earners.
Shadow Economy scale — shows what percentages of the real economy is not taxed or monitored by the government.
Government Effectiveness— captures perceptions of the quality of public services. More here.
Research and Development expenditure
Answer:
For a city to be leaved prosperous the city should be developed ...people should be united...no shortage of any resources
Explanation: