measures of development Flashcards
1
Q
GDP
A
does not account for informal economy, e.g. Afghan’s $2 billion heroin trade
1
Q
GNI
A
social inequality not accounted, e.g. Qatar
2
Q
life expectancy
A
Cuba has LE of 78 but one party state
3
Q
education
A
Cuba has 11 yrs of schooling but 72% live below poverty line
4
Q
HDI
A
does not measure income inequality such as SA with 41% of income inequality related to race
