LS12 - Measures of Development

Question 1

HDI

Answer 1

• an index compiled by the UN that measures a country’s economic development
• made of 3 equally weighted indices

Question 2

3 indices of HDI

Answer 2

• education - mean years of schooling for 25yo, expected years of schooling for a 5yo
• health - life expectancy at birth
• living standards - GNI per capita at PPP

Question 3

A higher HDI is

Answer 3

better

Question 4

HDI does not take account of

Answer 4

inequality and poverty

Question 5

The IHDI

Answer 5

• the inequality - adjusted HDI is adjusted for inequality
• IHDI will be equal to HDI when there is no inequality but falls below the HDI value as inequality rises