measures of development 4.3.1 Flashcards
characteristics of a developed country
high GDP per head +education& healthcare
gov democratically elected entering deindustrialisation+ developing sector
what factors is HDI based on
health (life expectancy at birth)
education (mean years of schooling of adults 25+ and expected years of schooling of a current 5 year old)
income GNI per capita at PPP
evaluate HDI
accounts for main 3 factors of development (+)
relatively easy to calculate as gov tends to collect the stats used in data (+)
ignores quality of life +success of education (-)
income inequality + freedom from corruption/ environment ignored (-)
IHDI
health education income inequality broader but could be criticised for not taking more measures into account
how is MPI measured
education (years of schooling +attendance)
health (child mortality +nutritional data)
standards of living (electricity available,sanitation,drinking water,cooking fuel, assets owned etc)
MPI
multidimensional poverty index
percentage of population that’s multidimensional poor (health education standard of living)
evaluate use of MPI
highlights countries where some areas are extremely rich but most of the population is not, focus on poverty but data isn’t always available
GPI
genuine progress indicator
26 different indicators looking at economic sustainability
factors looked at with GPI
economic (personal consumption, inequality, cost of unemployment)
environmental ( cost of pollution, loss of natural areas )
social (housework, parenting, cost of crime)