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MOSCOW, October 27 (RIA Novosti) - Russia...

as the US, Germany, Britain and France yields to social-oriented countries of Northern Europe. The US managed to secure the ninth place in the rating, while Britain, Germany and France took the 12th, 14th and 17th places, respectively.

However, Russia, with its 69th position in the list, left behind China, which, despite its rapid economic development, has only managed to take the 75th place in the rating due to its backward governmental institutions and the low level of democratic development. The same reasons moved Russia 12 positions down in this year"s rating, the statement said.

Legatum Prosperity Index, which has been published annually since 2006, evaluates the welfare of 90% of the Earth"s inhabitants.



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