News: World Economic Forum has released its maiden Social Mobility Index
Social Mobility: It is a change in social status relative to one’s current social location within a given society. WEF defines social mobility as the ability of a child to experience a better life than their parents.
Social Mobility Index:
It measures 82 countries on five key dimensions:
- education (access, quality and equity);
- work (opportunities, wages, conditions); and
- Protections and institutions (social protection and inclusive institutions).
- Denmark tops the rankings with a social mobility score of 85.2, followed by Finland and Norway
- India has been ranked 76th
About World Economic Forum (WEF)
- WEF was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
- Objective: To improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.
- Reports Published:
o Global Travel and Tourism Report
o Global Competitiveness Report,
o Global Information Technology Report,
o Global Gender Gap Report,
o Financial Development Report
o Global Enabling Trade Report
o Global Risks Report