However, 70 percent of the world's nations have seen a notable increase in their level of prosperity. Be it Togo in Sub-Saharan Africa, Cambodia in Asia, Ecuador in Latin America, the UAE in MENA, or Lithuania and Germany in Europe, prosperity growth has been seen, and seen in abundance somewhere in every continent in the world.
The challenge for global prosperity is how to keep lifting people from poverty to prosperity over the next decade. We have already seen the challenge that so-called Islamic State and others are presenting for prosperity in the Middle East. Yemen, Libya, and Tunisia have all seen their prosperity retreat. Latin America is the only region in the world that has failed to deliver sustained prosperity growth. It is instead highly cyclical, locking the continent's prosperity into a loop of economic boom and bust. The developed world is not exempt either. Populism is threatening prosperity on both sides of the Atlantic.
Prosperity may be at its highest point since 2007, rising sharply following the global financial crisis. However, trends over the past decade strike a note of caution. Rising prosperity has to be fought for, it cannot be taken for granted.