Which Scandinavian country is the smartest?
Table of Contents
Denmark excelled with the quantity and quality of its elite education (5thand 9th in the world, respectively). Meanwhile, Asian countries including China and South Korea claimed all top 5 spots on the sub-category of average cognitive skills, proxied by GMAT and PISA scores.
Why is Scandinavia so developed?
Compared to much of the rest of the world’s countries, they are very wealthy, and this is mostly due to high productivity from good education, infrastructure, and industrialization, and low levels of systemic corruption – which is a general trend around the world.
Denmark, Sweden and Finland have the strongest development policies out of the world’s 27 richest countries, according to the latest annual global development index.
Why are Scandinavian countries so successful at running businesses?
In the case of the Scandinavian countries, it’s the way in which the redistribution of tax and wealth from business works that makes a lot of their success possible. Their free market system underpinned by high levels of state welfare is one model of government-business cooperation.
In this, the Scandinavian nations are again unusual. So, the Scandanavian countries might look like league champions. But they don’t necessarily provide a desirable model for future prosperity in the rest of the world.
What are the characteristics of Scandinavian countries?
In prosperity terms, they also enjoy the luxury of having relatively small, homogenous populations across which to spread their wealth. In this, the Scandinavian nations are again unusual.
Scandanavian countries might look like league champions. But they don’t necessarily provide a desirable model for future prosperity in the rest of the world. Photograph: Stefano Amantini/ Atlantide Phototravel/Corbis And so another league table has confirmed what has become a truism: that when it comes to prosperity, Scandinavia rules the roost.