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Global Creativity Index 2015 (Index for Tech, Talent, and Tolerance): Australia has topped the world for advanced economic growth and sustainable prosperity. South Africa is the only African country that is in top 50 spots. October 23, 2015

Posted by OromianEconomist in Uncategorized.
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???????????Economic output and global creative index

What that makes a country creative? A new research shows that  it’s talent, technology, and tolerance: (3T’s).

The Martin Prosperity Institute (MPI), housed at the University of Toronto, published the 2015 edition of its ‘Global Creativity Index’ (GCI). The GCI is a broad-based measure for advanced economic growth and sustainable prosperity based on the three T’s of economic development: - talent, technology, and tolerance. It aimed at rating and ranking 196 countries worldwide on each of these dimensions and on an overall measure of creativity and prosperity.

Technology rankings were based on investment levels in research and development, plus how many patent applications per capita each country had.

Talent was evaluated by using a composite of the percentage of adults who owned an advanced degree, as well as the percentage of the workforce that had jobs in the creative industry.

Rankings for the third factor, tolerance, were found based on how each country treated their immigrants, the diversity of the racial and ethnic minorities, and how many LGBT residents were in each country.

To obtain their rankings, the researchers analyzed 139 countries, with many countries of low economic status being left off the list as complete data couldn’t be sourced, and ranked them in each category. Overall creativity was determined by each country’s ranking across the T’s, then divided by the total observations made in each category patent applications per capita, creative-class measure, etc.

Australia was found to be the most creative on the GCI, supplanting Sweden, which took top spot in the previous 2004 and 2011 editions, with a global ranking of 1 in talent, 4 in tolerance, and 7 in technology.

As Australia has taken the number one spot on the index with a score of 0.97 out of one, the US has been second and New Zealand third.

Luxembourg has the largest share of the creative class (54%), which spans science and technology; arts and culture; and business, management, and the professions.

South Korea leads in technology. Japan is second, Israel third, the United States fourth, and Finland is fifth. Australia, New Zealand, Germany, Singapore and Denmark round out the top ten. Australia leads in talent. Iceland is second. The United States and Finland are tied for third with Singapore in fifth. Denmark, Slovenia, Belarus, New Zealand, and Sweden round out the top ten.

Canada takes the top spot in tolerance which is measured as openness to ethnic and other minorities . Iceland is second, New Zealand third, Australia fourth, and the United Kingdom fifth. The Netherlands, Uruguay, Ireland, Norway, and Sweden round out the top ten.

Among African countries, only South  Africa (39) making among the top 50. Mauritius is in 59th and Kenya is ranked 70th.

27 of  50 lowest scoring countries are from Africa.

global creative index 2015 map

According to the report: “The GCI is closely associated with key measures of economic and social progress. Nations that score highly on the GCI have higher levels of economic output, entrepreneurship, economic competitiveness, and overall human development… .Creativity is also closely associated with urbanization, with more urbanized nations scoring higher on the GCI.”

Global creativity, as measured by the GCI, is closely connected to key measures  economic development and social progress, competitiveness, and prosperity of countries.The GCI is associated with higher levels of equality. The researchers also claimed to have found a link between social equality and creativity, especially in the countries that ranked high on the GCI. “While some countries, like the United States and the United Kingdom, achieve high GCI scores alongside relatively high levels of inequality, generally speaking, higher levels of global creativity are associated with lower levels of inequality.”

http://www.medicaldaily.com/global-creativity-index-measures-tech-talent-and-tolerance-these-are-most-creative-357534

http://martinprosperity.org/media/Global-Creativity-Index-2015.pdf

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