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Flashcards in The Limits of the HDI Deck (13)
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1
Q

Author of the paper?

A

Bilbao-Ubillos (2011).

2
Q

Three components of the HDI

A

‘Longevity’, ‘knowledge’ and ‘economic welfare’.

3
Q

First limitation: HDI fails to take into account…

A

…the degree of economic and social cohesion in a country, and hence to the extent to which the population shares in the average progress achieved there.

4
Q

FINLAND and USA

A

Have almost exactly the same HDI levels, but in USA the income of the wealthiest 10% of the population is 15.9 times that of the poorest 10%, while in FINLAND it is only 5.6 times greater.

5
Q

Second limitation: HDI fails to reflect any…

A

…development-oriented strategies that may be adopted by govts to translate economic growth into development.

6
Q

Technique to check if improvements in the HDI are driven exclusively by increases in per capita income

A

The position of a country in the world ranking for GDP per capita can be compared with its position in the HDI ranking.

7
Q

Third limitation: HDI does not reflect the…

A

…prospects for development in a country on the basis of sustainability of current development levels.

8
Q

Technology sustainability

A

Countries that dedicate fewer resources to R&D can be expected to find it more difficult to compete in new markets so their positions will be weaker.

9
Q

Balance of Payments sustainability

A

BofP and external debt indicators give an idea of the degree of dependence of a state on external funding and can provide early warning of potential constraints on its economic performance.

10
Q

Demographic sustainability

A

Refers to the degree to which population trends in a country match its need for human resources to make its economy work.

11
Q

Expected population growth of AFRICA by 2040?

A

> 1%.

12
Q

Expected population growth of EUROPE by 2040?

A

Negative.

13
Q

Environmental sustainability

A

HDI does no consider the depletion of non-renewable natural resources.