LS12 - Measures of Development

Question 1

Human Development Index

Answer 1

The HDI is an index compiled by the UN that measures economic development of a country
Measured using
* education - mean years of schooling for a 25 yo and expected years of schooling for a 5 yo
* health - life expectancy at birth
* living standards - GNI per capita at PPP

Question 2

Problems with the HDI

Answer 2

• Doesnt take into account inequality or poverty
• Quality of education and health not measured
• Corruption and environment not included

Question 3

IHDI

Answer 3

HDI adjusted for inequality in distribution of health, education and income
As inequality rises, IHDI value falls below HDI

Question 4

Multi-dimensional Poverty Index

Answer 4

Uses health, education and standard of living to determine degree of poverty in a population
Considers both proportion of pop. deemed poor, and breadth of poverty experienced