The idea of the populyst index™ is that there are three main vectors of wealth creation in any economy: Innovation & Productivity, Demographics & Health, and Society & Governance.
Innovation & Productivity encompasses education, infrastructure and the creation of intellectual property assets. Demographics & Health includes population growth, the age profile of the population and health metrics such as child mortality. Society & Governance relates to the economic context, the level of corruption, the amount of competition, the ease of doing business and access to capital markets.
The index ranges from -6 to +6. The fact that no country currently exceeds a +4 rating is a reflection of the challenges now faced by even the most advanced economies, the main shortfall in their case coming from a deteriorating demographic picture. In the case of Sweden, its DEMOGRAPHICS score is neutral, while its INNOVATION and SOCIETY scores are strong.
Below are all the score components for Sweden:
