4.3.1 Measures of development Flashcards

1
Q

Measures of development

A
  • Economic growth
  • Economic development
  • HDI
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2
Q

HDI

A

Three measures of index
- education
- health/life expectancy (25-85 years)
- living standards (real GNI per head at PPPs)
These are ranked in an index between 0 and 1: the higher the value, the higher the level of development

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3
Q

HDI comparison of highest and lowest

A

2015:
• One of the highest HDI = Norway at 0.944
• One of the lowest HDI = Malawi at 0.445

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4
Q

Developed country HDI

A

• Switzerland 2021 = 0.962
• Netherlands 2021 = 0.941
• UK 2022 = 0.932

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5
Q

Developing country HDI

A

• Algeria 2021 = 0.745
• Philippines 2021 = 0.699
• Chad 2021- 0.394 – poorly managed, poor governed

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6
Q

HDI (education)

A

the mean years of schooling for an adult aged 25 and expected years of schooling for a pre-school child

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7
Q

Advantages of HDI

A

it combines the effects of increased growth with other quality of life indicators
- education and health are important development factors to consider, and it can provide info about the country’s infrastructure and opportunities. It also shows how successful government policies have been.
- better than GDP

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8
Q

Disadvantages of HDI

A

This does not take account of
- income distribution
- quality of education
- gender equality
- environment
- political freedom
- other measures of deprivation and, in that respect, is regarded by some as being of limited value.

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9
Q

Disadvantages of HDI (political freedom)

A

HDI does not consider how free people are politically, their human rights, gender equality or people’s cultural identity.

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10
Q

Disadvantages of HDI (environment)

A

HDI does not take the environment into account. It could be argued that this should be included to focus on human development more.

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11
Q

Disadvantages of HDI (inequality)

A

HDI does not consider the distribution of income. A country could have a high HDI but be very unequal. This can mean many people might still be in poverty.

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12
Q

Other measures of development

A
  • Inequality adjusted HDI
  • Multi-dimensional Poverty Index (MPI)
  • Human Poverty Index (HPI)
  • Gender-related development Index (GDI)
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13
Q

Other measures of development (Inequality adjusted HDI)

A
  • was introduced in 2010
  • the IHDI is the HDI adjusted for inequalities in the distribution of achievements in each of the three dimensions of the HDI
  • The IHDI = HDI value when there is no inequality, but < the HDI value as inequality rises.
  • The difference between the HDI and the IHDI shows the ‘loss’ in potential human development due to inequality and can be expressed as a percentage.
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14
Q

Other measures of development (- Multi-dimensional Poverty Index (MPI))

A
  • was published for the first time in 2010
  • It reports and complements money-based measures by considering multiple deprivations and their overlaps
  • identifies deprivations across the same three dimensions as the HDI
  • shows the no. of people who are multi-dimensionally poor (suffering deprivations in 33% of weighted indicators) and the no. of deprivations with which poor households typically contend. It can be deconstructed by region, ethnicity and other groupings as well as by dimension, making it a useful tool for policymakers.
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15
Q

Other measures of development (human poverty index)

A
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