Australia stagnates in ranking of world’s most prosperous countries

Latika Bourke, The Sydney Morning Herald, 20 January 2022

According to a global index measuring the material health of countries, including wealth, quality of life, and life satisfaction for 15 years, Australia’s ranking has slipped from first in 2008 to sixteenth in 2021. Australia’s experience is a reflection of the world's declining prosperity, which has been exacerbated, although not caused, by the COVID-19 pandemic. Australia ranked poorly on the environment, chiefly because of its carbon emissions, pushing down its overall score...

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