Why Greece? The Curious Case of Country Rankings [S6, E5]
Country rankings – whether it’s about the economy, democracy, or environmental standards – are important for a country’s reputation. The Economist produces its annual Economic Rankings, which look at several economic factors to assess economic stability. Since COVID, the process of “measuring” countries has been turned upside down. The 2022 Economist Economic Ranking is a good example of the confusion. In the ranking, Turkey, on the verge of dictatorship and with sky-high inflation, ranks well above the US. Colombia was higher than Denmark. And Greece was the #1 economically successful country in the world. What determines these rankings at a time of deep economic uncertainties?
Altamar hosts Peter Schechter and Muni Jensen are joined by Callum Williams, senior economics writer at The Economist. Altamar’s ‘Téa’s Take’ by Téa Ivanovic examines Greece’s rise in several other rankings.
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