Measure Of Development Flashcards

1
Q

What is the economic development?

A

It is the sustainable increase in living standards for a country.

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2
Q

How is the Human Development Index measured?

A

Using health, education and income

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3
Q

What are the advantages of using HDI?

A

More useful
More important metrics
Meaningful comparisons
Government policy
Quality of life

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4
Q

What are the disadvantages of using HDI?

A

Inequality
Short term information
Data often lags reality

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5
Q

What are other ways to measure development?

A

Energy consumption per person
Mobile phones per thousand people
Number of girls completing primary education
The propotion of:
Male populaiton engaged in agriculture
The population with access to clean water
The population with internet access

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