4.3 - HDI Flashcards
What is HDI?
Human Development Index
Measure of quality of life
What are the 3 aspects of HDI?
Knowledge
Longevity
Standard of Living
What does HDI consist of?
Life expectancy at birth
Mean years of schooling
Expected years of schooling
GNI p/c
What is the range of HDI rankings?
0-1
What do respective HDI’s 0 and 1 represent?
0 - Very low development
1 - Very high development
As of 2017, which 3 nations had the highest HDI rankings?
Norway - 0.953
Switzerland - 0.944
Australia - 0.939
As of 2017, which 3 nations had the lowest HDI rankings?
Niger - 0.354
Central African Republic - 0.367
South Sudan - 0.388
What are the advantages of HDI?
Broader comparison
Implicit of other development factors
Objective
How is HDI implicit of external development factors?
Education + health infer quality of infrastructure + facilities
What are the disadvantages of HDI?
Doesn’t consider political freedoms
Doesn’t consider environment
Doesn’t consider income distribution + equality