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Elite Quality Report 2026
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13 October 2026
The Elite Quality Index 2026 (EQx2026), the seventh edition of the world's leading comparative political economy index, ranks 151 countries by the quality of their elite business models. Elite quality is defined as the capacity of elites to create sustainable value for society rather than extract it through rent-seeking and other value-transfer activities. Drawing on 148 indicators, the EQx operationalises elite quality on a global scale, offering a comparative lens on long-term economic growth and human development. \
The EQx2026 supplies aggregate measurements like its 4 Index Areas and 12 Pillars, which include Political Value, Creative Destruction, or Unearned Income and serve to diagnose the specific strengths and weaknesses of a specific country’s elite system. A foundational innovation of the EQx is its inclusion of ‘Power’ as one of its two Sub-Indices (the other one is ‘Value’). Power is seen as being a key predictor and enabling mechanism for future extractive value transfers. At the most granular level, the EQx’s 148 Indicators provide a stand-alone analytical lens that seek to describe and explain specific value creation or value extraction phenomena in the political economy and their links to elite agency.
BUSINESS & ECONOMICS / Development / Economic Development, Political economy, BUSINESS & ECONOMICS / Economics / Comparative, POLITICAL SCIENCE / Political Economy, Development economics and emerging economies, International business
Tomas Casas-Klett is permanent faculty at the University of St.Gallen. He specializes in International Business, particularly on innovation, and the practical aspects of doing business in East Asia. He is the co-editor of both the annual Elite Quality Index (EQx) report on ‘the sustainable value creation of nations’ and the annual Value Creation Ratings (VCr) report on ‘the sustainable value creation of firms’, as well as the author of the treatise, Towards an Elite Theory of Economic Development.
Guido Cozzi is Full Professor of Macroeconomics at the School of Economics and Political Science at the University of St.Gallen. With an outstanding publication record, he has been awarded several prestigious prizes as well as important research grants and has consulting experience with top institutions and industry associations. His research and teaching activities are in the fields of macroeconomics, economic growth, and development economics.