Democracy Index

The Democracy Index is an index compiled by the Economist Intelligence Unit, that measures the state of democracy in 167 countries, of which 166 are sovereign states and 165 are UN member states. The index is based on 60 indicators grouped in five different categories measuring pluralism, civil liberties, and political culture. In addition to a numeric score and a ranking, the index categorizes countries as one of four regime types full democracies, flawed democracies, hybrid regimes and authoritarian regimes.

The index was first produced for 2006, with updates for 2008, 2010 and the following years since then. The earlier versions are fully open access, the 2015 document requires registration.

Method

As described in the report, the democracy index is a weighted average based on the answers of 60 questions, each one with either two or three permitted alternative answers. Most answers are "experts' assessments"; the report does not indicate what kinds of experts, nor their number, nor whether the experts are employees of the Economist Intelligence Unit or independent scholars, nor the nationalities of the experts. Some answers are provided by public-opinion surveys from the respective countries. In the case of countries for which survey results are missing, survey results for similar countries and expert assessments are used in order to fill in gaps.

Economist Intelligence Unit

The Economist Intelligence Unit (EIU) is an independent business within The Economist Group providing forecasting and advisory services through research and analysis, such as monthly country reports, five-year country economic forecasts, country risk service reports, and industry reports.

The EIU provides country, industry, and management analysis worldwide and incorporates the former Business International Corporation, a UK company acquired by its parent company in 1986.

The Economist Intelligence Unit also produces regular reports on "liveability" and cost of living of the world's major cities that receive wide coverage in international media. The Economist Intelligence Unit's Quality-of-Life Index is another noted report.

Its current Managing Director is Robin Bew, formerly the company's Editorial Director and Chief Economist.

Acquisitions

Bazian

In December 2012, the Economist Intelligence Unit acquired Bazian, which specialises in the analysis and supply of clinical evidence on health services, treatment, and health technologies to assess clinical effectiveness and value for money. Headquartered in London, Bazian was founded by Vivek Muthu and Anna Donald in 1999.

The Economist

The Economist is an English language weekly newspaper owned by the Economist Group and edited in offices based in London. Continuous publication began under founder James Wilson in September 1843. For historical reasons, The Economist refers to itself as a newspaper, but each print edition appears on small glossy paper like a news magazine. In 2006, its average weekly circulation was reported to be 1.5 million, about half of which were sold in the United States.

The publication belongs to The Economist Group. It is 50% owned by private investors and 50% by Exor, the Agnelli holding company, and the Rothschild banking family of England. Exor and the Rothschilds are represented on the Board of Directors. A board of trustees formally appoints the editor, who cannot be removed without its permission. Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in the City of Westminster, London. As of March 2014, the Economist Group declared operating profit of £59m. Previous major shareholders include Pearson PLC.

Democracy

Democracy, or democratic government, is "a system of government in which all the people of a state or polity ... are involved in making decisions about its affairs, typically by voting to elect representatives to a parliament or similar assembly," as defined by the Oxford English Dictionary. Democracy is further defined as (a:) "government by the people; especially : rule of the majority (b:) " a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections."

According to political scientist Larry Diamond, it consists of four key elements: (a) A political system for choosing and replacing the government through free and fair elections; (b) The active participation of the people, as citizens, in politics and civic life; (c) Protection of the human rights of all citizens, and (d) A rule of law, in which the laws and procedures apply equally to all citizens.

Record chart

A record chart is a ranking of recorded music according to popularity during a given period of time. Examples of music charts are the Hit parade, the Billboard Hot 100 or Top 40.

Many different criteria are used in different charts, including sales of records, cassettes and compact discs, the amount of radio airplay, and since the introduction of digital technology, the number of downloads and the amount of streaming activity.

Some charts are specific to a particular musical genre and most to a particular geographical location (although download charts are not easily pinned down in this way). The most common period of time covered by a chart is one week with the chart being printed or broadcast at the end of this time. Summary charts for years and decades are then calculated from their component weekly charts. Component charts have become an increasingly important way to measure the commercial success of individual songs.

Chart hit