institute for economics and peace
August 12, 2014
So begins this year’s peace index, an annual report released by the nonprofit Institute for Economics and Peace. The study ranks 162 countries (covering 99.6% of the world’s population) according to a complex set of indicators that gauge the absence of violence and political instability. These include a nation’s level of military expenditure, its relations with neighboring countries and the percentage of the population held in prisons.