Question

According to Steve Hanke’s Annual Misery Index (HAMI),which country has been named as the happiest country in the world?

A Kuwait Correct Answer Incorrect Answer
B Switzerland Correct Answer Incorrect Answer
C Ireland Correct Answer Incorrect Answer
D Taiwan Correct Answer Incorrect Answer
E Thailand Correct Answer Incorrect Answer

Solution

According to Steve Hanke’s Annual Misery Index (HAMI), Zimbabwe is ranked the 'most miserable country' with a rank of 157. Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba, and Turkey followed Zimbabwe as the world's most miserable countries. Switzerland, on the other hand, was named the happiest country in the world, with the lowest HAMI score, which Hanke attributed to variables such as a low debt-to-GDP ratio. Kuwait came in second, followed by Ireland, Japan, Malaysia, Taiwan, Niger, Thailand, Togo, and Malta. Meanwhile, India came in at number 103 on the list, with unemployment adding to the country's woes.

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