4.3.1 measures of development Flashcards

1
Q

Three dimensions of the HDI

A

Health
-Assess health through life expectancy at birth
-Longer life expectancy=better health

Education
-Mean years of schooling
-Expected years of schooling
-Indicators reflect access to and quality of education

Living Standards
-GNI per capita adjusted for PPP to account for cost of living differences
-Higher GNI per capita represents a higher standard of living

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

How the measures are combined

A

-Measured on a scale of 0-1
-HDI combines these values by taking the geometric mean of the three indices
-No single dimension dominates the HDI so all have equal importance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Advantages of HDI

A

Holistic - considering all 3 factors

Simplicity - HDI is easy to understand - accessible for policymakers and the public

Global comparisons - highlight trends in development over time

Policy guidance - guide policymakers in identifying areas of development that require attention

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly