Bangladesh has marked slight improvement on the list of failed states compared to last year having been ranked 29th in Failed State Index (FSI), according to a new study.
The Fund for Peace yesterday released the eighth edition of its annual FSI on its website highlighting global political, economic and social pressures experienced by the states.
Bangladesh has advanced four steps from 25th position in 2011 with a decrease of 2.2 points in the failure index. Bangladesh and Sri Lanka have jointly ranked 29th with 92.2 points.
This year FSI again ranks Somalia as the number one failed state with 114.9 points out of a list of 178 countries, citing widespread lawlessness, ineffective government, terrorism, insurgency, crime, and well-publicised pirate attacks against foreign vessels.
On the list of the failed states, Congo ranked second, Sudan and South Sudan third, Chad fourth, Zimbabwe fifth, and Afghanistan sixth.
Among the Saarc nations, Pakistan ranked 13th with 101.6 points, Nepal 27th with 93 points, Bhutan 59th with 82.4 points, India 78th with 78 points and the Maldives 88th with 75.1 points.
Finland retains its best position, with its Scandinavian neighbors Sweden and Denmark rounding out the best three rankings.
Kyrgyzstan is the most improved nation with a reduction of 4.4 points, while Libya’s decline was the most remarkable with an increase of 16.2 points. Libya ranked 50th, a huge leap from its 111th position last year.
The FSI ranks 178 countries using 12 social, economic, and political indicators of pressures on the state, along with more than 100 sub-indicators.
These include issues such as Uneven Development, State Legitimacy, Group Grievance, and Human Rights.
Each indicator is rated on a scale of 1-10 points, based on the analysis of millions of publicly available documents, other quantitative data, and assessments by analysts.
A high score indicates high pressure on the state, and therefore a higher risk of instability.