Thursday, June 16, 2016

Panama Improves Most in Peace Study for 2016

Reduction in military spending deemed the most influential factor in higher rankings for most peaceful countries.

Every year, for the last ten years, The Institute for Economics and Peace, a non-profit and non-partisan organization, produces a peace report on 163 independent states and territories of the world.

From their website:

The Institute for Economics and Peace is the world’s leading think tank dedicated to developing metrics to analyze peace and to quantify its economic value. It does this by developing global and national indices, calculating the economic cost of violence, analyzing country level risk and understanding positive peace.

The 2016 GPI report provides a comprehensive update on the state of peace. It shows that amidst the global deterioration the world continues to spend enormous resources on creating and containing violence but very little on peace.

The report shows violence in 2015 cost a total of $13.6 trillion dollars, or roughly 13.3% of the world GDP.

Most of the cost increase was due to more violence and war activity, and over the last 10 years the average deterioration in peace measured 2.44%, with 77 countries improving and 85 deteriorating.

Battle deaths from conflict are at a 25 year high, and the number of refugees and displaced persons are at a level not seen in 60 years.

Central America and the Caribbean region improved the most, while the middle east, north Africa and Europe declined the most.

The U.S. dropped to 103rd on the scale, while Panama came in 49th most peaceful, showing the largest improvement in the region.

Folks, we're not going in the right direction here in the good ol' USA, and Europe doesn't seem to be doing much better.

If you are looking to secure a private spot for you and your family in the country that has a growing economy, and shown the biggest improvement in peace, give us a call or send us an email.


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