4.3.1 Measures of Development

Question 1

HDI?

Answer 1

• Index compiled with UN that measures a country’s economic development

Question 2

HDI indices?

Answer 2

Made up of equally weighted indices:
* Education (mean years of schooling)
* Health (life expectancy at birth)
* Living standards (GNI per capita at PPP)

Question 3

Problems with HDI?

Answer 3

• Doesn’t consider inequality or poverty
• Health and education indices do not measure quality

Question 4

IHDI?

Answer 4

• The HDI adjusted for inequalities (health, education, income)

Question 5

What does it mean if the IHDI value is equal to the HDI value?

Answer 5

• ZERO inequality

Question 6

What does it mean if the IHDI value falls below the HDI value?

Answer 6

• Falls below as inequality rises

Question 7

Multi-dimensional Poverty Index?

Answer 7

• Uses health, education and standard of living to determine degree of poverty experienced by a population

Considers both portion of population that is deemed poor and ‘breadth’ of poverty experienced by the ‘poor’ households