Development Indicators Flashcards

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1
Q

Single indicators disadvantages (Inequalities exist between rich and poor)

A

Hide variations within countries. For example, Saudi Arabia performs well in economic development measures because of the oil industry.

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2
Q

Single Indicator Disadvantage (Purchasing power)

A

Countries appear less developed and/or have a low quality of life as one dollar will often go further and buy more necessities in some parts of the world

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3
Q

Single Indicator Disadvantage (Regional Variations)

A

Masked. Eg In Brazil rural and urban areas differ greatly. Rural communities lack services such as healthcare and education for youngsters.

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4
Q

Single Indicators Disadvantage (Informal Economy)

A

Is not considered as single indicators are too narrow. In China subsistence agriculture remains common and is not yet monetised - devalues the economic output of China.

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5
Q

HDI benefit

A

Gives a more accurate picture on development by measuring aspects of health, education and economic activity

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