Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Norway articles below.
Norway is the most prosperous country, while Singapore is the most successful country economically, according to the 2015 Legatum Prosperity Index™. The report ranks 142 countries across eight categories: the Economy, Entrepreneurship & Opportunity; Governance; Education; Health; Safety & Security; Personal Freedom; and Social Capital.
Mexico has reached FTAs on a bilateral as well as on a multilateral basis. It has signed bilateral agreements with Chile, Bolivia, Costa Rica, and Nicaragua, while concluding multilateral accords with Canada and the U.S. under NAFTA; with Venezuela and Colombia; and with Guatemala, Honduras, and El Salvador (these three accords came into effect on January 1, 2001).