Uruguay Is Latin America’s Most Prosperous Nation… for the fifth time in a row

MONTEVIDEO, Uruguay - Nov. 17, 2014 - PRLog -- Good news, everyone!

You know that sweet  Software Outsourcing Paradise we are always telling you about? That little utopic country we like to call home? Well, it looks like we are not the only ones praising the virtues of Uruguay as a Prosperous Nation.

Can you see that green spot between Argentina and Brazil in this picture? That's right, that beacon of prosperity is our beloved Uruguay! According to the Legatum Institute (http://www.li.com/) Uruguay ranks 30th globally in its 2014 Prosperity Index. That puts us in the 1st place among Latin American countries, an honor our country has held since 2010.

The index ranks countries according to their performance across eight sub indexes: Economy, Entrepreneurship & Opportunity; Governance; Education; Health; Safety & Security; Personal Freedom and Social Capital.

Chile figures in position 33, Argentina, 46; Brazil, 49; Mexico, 64; Colombia, 66; and Venezuela 100.

46.7% of Uruguayans interviewed feel that corruption in private business and government is extended, though the world average is 66.4%.

Regarding jobs, 45.2% believe it's a good moment because of strong labor demand, while 87.9% said Uruguay is a good place for immigrants to live.

In security and safety, 49% feel safe walking in the streets at night and 19.2% admitted to having been victims of robbery in 2013.

As to the economy, 67% said they were satisfied with the financial system and 71% with the standard of living. Likewise 57.1% trust the government and 57.8% in the judiciary system and 59.9% satisfied with the government's efforts to combat poverty.

Source: http://uruit.com/2014/11/uruguay-latin-americas-prosperou...