The Malaysian Insider
Nov 01, 2012
KUALA LUMPUR, Nov 1 ― Malaysia has been singled out together with Vietnam, Thailand and Indonesia as “Tiger Cub” countries fast catching up with regional leaders on a list of the most prosperous economies in the world, but was also named as among the worst countries for promoting personal freedom of its citizens.
Malaysia was ranked as the 45th most prosperous nation, trailing behind Singapore at 19th and with Indonesia fast catching up at 63rd position, on the Legatum Prosperity Index.
The London-based think-tank Legatum’s Prosperity Index assesses 142 countries based on performance in eight areas such as economy, personal freedom, health and social capital.
This year, Norway again topped the list of 142 countries, followed by Denmark, Sweden, Australia and New Zealand. The United States, the United Kingdom and Germany came in at 12th, 13th and 14th spots, respectively.
The Central African Republic propped up the list.
The Legatum Institute, which publishes the index, noted that “a new generation of Asian ‘Tiger Cub’ countries has emerged, according to the latest findings from the Legatum Institute’s Prosperity Index, with Malaysia, Vietnam, Thailand and Indonesia all appearing in top half of the worldwide rankings this year.” Continue reading “Malaysia becomes rich ‘Tiger Cub’, but still intolerant”