The maximum corporate and income tax rates were therefore also taken into account. On the expenditure side, however, the taxes to be paid are also important. Therefore, the annual income was weakened by a lower weighting. Since this is often inversely proportional to the cost of living, in some countries, these two individual factors are relativized. In relation to the costs, the average annual income was also included. The most important factor in this area by far is the national cost of living, as this is the most important factor for living in the respective country. A higher number of hours of daily sunshine also makes the climate more pleasant.Ĭosts and expenses Even the best conditions are useless if one can't afford them. For each calendar month, the deviations were calculated and added to this theoretical optimum climate. There should not be more or less than eight rainy days per month. From a climatic point of view, this is not quite the dream of a Caribbean island, but from a medical point of view, Central Europeans feel particularly at home at this temperature. So, the average temperature is a little lower. The assessment of the climate is based on various studies that assume a maximum daily temperature of 25 ☌ at 55 percent humidity as the optimum environment. We have also included the murder rate, as well as data on displaced persons, violent crime and ongoing wars.Ĭlimate For most emigrants, a pleasant climate is certainly the most obvious reason to leave home. The Global Peace Index of the Institute for Economics & Peace plays the most important role in this area. Safety Even the most beautiful country cannot satisfy anyone if their own life is in danger. In addition, the drinking water supply, as well as the number of doctors and hospital beds in relation to the number of inhabitants were also taken into account in this sector. Health services The most heavily weighted factor in the health sector is average life expectancy, which reflects other factors, such as regular and healthy nutrition. To assess not only the measures against corruption, but also how they’re perceived by the population, the corruption index, based on, was also taken into account. In addition, other factors include democratic participation by the population and, with less weight, measures to combat corruption. This subject area therefore primarily includes compliance with the " rule of law" and the regulatory quality of a government. The laws passed must not only sound good, but must also be implemented and complied with by the government. Legal system and civil rights Political stability does not help if it comes from dictatorial principles and if the people have no influence. The ratio of available money supply to currency reserves was also included as a longterm-safety criterion. The country's unemployment rate was also included, as it indirectly leads to higher social expenditure and long-term unemployment is also a risk to old-age pensions. However, a balanced budget, or even a surplus, was seen as a positive signal. Additional risk factors were government debt and budget deficits (in relation to gross domestic product), which, with higher values, also carry higher long-term risks. So the bigger the deviation, the less attractive it is. On the economic side, an inflation rate of 0% was considered a theoretical optimum. Political stability also has the highest priority here. From this, assessments of political stability and government effectiveness are made. In its " Worldwide Governance Indicators" project, the World Bank identifies a whole series of criteria for political consistency. You can read here which data can be found in the individual subject areas:Įconomic and political stability Indicators of medium- to long-term stability can be found in this area.
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