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Date [ 2016-01-28, 07:21 ]

There are a number of factors a country needs to be termed as peaceful


(Singapore=Koreanpress)  AzmiAnuar =The Institute for Economics and Peace has formulated a number of principles that will go into classifying a country as peaceful. You may check against your own country to get an indication of just how peaceful it is.

The factors a country will need are:

Well-Functioning Government
This delivers high-qualitypublic and civil services, building up trust andparticipation, demonstrate political stabilityand uphold the rule of law.

Sound Business Environment

The strength of economic conditions determines the soundness of thebusiness environment.This also includes formal institutions, such as banks, that support the operation of theprivate sector. Business competitivenessand economic productivity are both associated withthe most peaceful countries, as is the presence ofregulatory systems which are conducive to businessoperations. A case of checks and balances in place.

Equitable Distribution of Resources

Peaceful countries tend to ensure investments in suchresources as education and health, and to a lesser extent, equity in incomedistribution.

Acceptance of the Rights of Others

A country’s formal laws should guarantee basic humanrights and freedom. It should also have an informal social andcultural structure that reflects the level of tolerance betweendifferent ethnic, linguistic, religious and socioeconomicgroups within the country. Similarly,gender equality, worker’s rights and freedom ofspeech are important components of societies thatuphold acceptance of the rights of others.

Good Relations with Neighbours

Having peaceful relations with other countries is alsoimportant. Countries with positive external relationsare more peaceful and tend to be more politicallystable, have better functioning governments, areregionally integrated and have lower levels oforganised internal conflict. This factor is also very beneficial for business and supports foreign directinvestment, tourism and human capital inflows.

Free Flow of Information

Peaceful countries tend to have free andindependent media that disseminates informationin a way that leads to greater openness and helpsindividuals and civil society work together. This isreflected in to what extent citizens can gainaccess to information, whether the media is freeand independent and how well-informed citizensare. This leads to better decision-making and morerational responses in times of crisis.

High Levels of Human Capital

A skilled human capital base — reflected in theextent to which societies educate citizens andpromote the development of knowledge —improves economic productivity. This dovetails into care for theyoung, and at a later stage, enables political participation and increasessocial capital. Education is a fundamental buildingblock through which societies can build resilienceand develop mechanisms to learn and adapt.

Low Levels of Corruption

In societies with high corruption, resources areinefficiently allocated, often leading to a lack offunding for essential services. The resultinginequities can lead to civil unrest and in extremesituations can be the catalyst for more seriousviolence. Low corruption, by contrast, can enhanceconfidence and trust in the government.

Currently, the three most peaceful countries in the world are considered to be Denmark at number one, followed by Norway and Singapore.

abc@koreanpress.net

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