Latin America beats China, India in creativity

Interesting: a new world ranking shows that many Latin American countries are way ahead of China and India in creativity, and suggests that — if they improve their education and technology standards — they could be among the world’s most competitive economies.

The 2015 Global Creativity Ranking, put out by the University of Toronto’s Martin Prosperity Institute, combines separate rankings of what it calls the three T’s of economic development: talent (college-educated populations), technology (registered patents and investments in research and development) and tolerance (acceptance of ethnic minorities and gay and lesbian populations).

While Latin American countries are significantly behind Asian nations in education and technology, many of them are rank high in tolerance, or open-mindedness. Unlike most other creativity rankings, this one considers tolerance as important as education or technology for countries’ economic development.

The most creative country in the world this year was Australia, followed by the United States (2), New Zealand (3), Canada (4), and Denmark and Finland (tied in 5th place), according to the new ranking. Further down the list are Singapore (9), Switzerland (16), Spain (19) and Japan(24).

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