Human Development Index - 1601 Words

The critical difference between most development models and the human development index is that most development models only focus on income while the human development index includes the enlargement of all human choices – economic, political, social and cultural which all affect income. Comparing countries’ Gross National Product/Gross Domestic Product per capita is the most common way of measuring the level of development today. This model of economic growth assessment is based on a weak foundation that is not sustainable over a long-term economically, ethnically and politically. Higher per capita income in a country does not necessarily mean that the country’s inhabitants are better off than those in a country with a lower income per capita. Along with many other measures of development, these various indicators do no capture many aspects of human well-being. Sometimes, a country with a high level of national income records a significantly high percentage proportion deemed to be in poverty, illiterate, in poor health, with no access to a clean water supply and sanitation, and thus limited a huge disparity is observed, based on gender inequality, ethnicity and income. The Human Development Index (HDI) is a compilation statistics of mean schooling years, life expectancy and income recorded then used to rank countries into four tiers of human development. The ranking illustrates how capable a country is. The changing of prices throughout the economy due to inflation mayShow MoreRelatedHuman Development Index1635 Words   |  7 PagesIntroduction: The Human Development Index (HDI) is a composite statistic used to rank countries by level of human development and separate very high human development, high human development, medium human development, and low human development countries. The Human Development Index (HDI) is a comparative measure of life expectancy, literacy, education and standards of living for countries worldwide. It is a standard means of measuring well-being, especially child welfare. It is used toRead MoreQuestions On The Human Development Index1748 Words   |  7 PagesIB Mathematical Studies 2015- Internal Assessment What is the relationship between percent of the population that uses the internet and the human development index? 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India, a country that, through economic miracles and perseverance, has risen from the ranks of the poorest in the world to a middle-income country in the span of only a few decades. The HDI Report, which is not universally applicable and applies too much weight in certain areas, makes certain countries look better than they should or, in India’s case, artificially lower its ranking among the world. So, although skewed, whatRead MoreThe Human Development Index ( Hdi )2217 Words   |  9 Pagescontributing to restrained development. This trend became a prominent characteristic during the medieval age in Europe as the feudal system created strong autocrats who treated the poor with scorn and disrespect, and now it is has continued into today’s society (Davis). One of the most notable locations of this trend is Haiti. W ith staggering poverty rates and deplorable health standards, Haiti has the lowest development rate in the Western Hemisphere (The Haitian People). Haiti’s development is verified byRead MorePeru s Human Development Index Essay1214 Words   |  5 PagesAlthough Peru is a developing country, it has a high human development index that has been strengthening over the years. According to the Human Development Reports from the United Nations Development Programme, Peru’s Human Development Index (HDI) ranking has increased from approximately .6 in 1990 to .734 in 2014, and has retained this ranking the following year (UNDP, 2015). Peru is also rated at 2.5 out of 7 in freedom (Freedom House, 2015). As for human security, Peru has a homicide rate of 9.6 perRead MoreThe Human Development Index Is Vast Improvement on Measures of Development in Terms of Income1058 Words   |  5 PagesThe critical difference between most development models and human development index is that most development models exclusively focus on the expansion of income while the human development index embraces embraces the enlargement of all human choices – economic, political, social and cultural which all affect income. Comparing countries’ GNP (or GDP) per capita is the most common way of assessing their level of development. This model of economic growth was based on a very weak foundation that wasRead MoreThe Inequality Index And Human Development Index ( Hdi ) Between The Two Countries : Brazil And Turkey Essay833 Words   |  4 Pagesone might struggle for development. Thus, development is not an easy thing to achieve. Factors such as production levels, inequality and corruption contribute to the country’s human development index. Gender inequality is one of the factors that may lower a country’s human development index, because the inequality creates implications on the development for a country. This essay will contrast and evaluate the ranks of gender inequality index (GII) and human development index (HDI) between the twoRead MoreHuman Development Index to Measure Living Standards Withi n a Country, Especially HIV883 Words   |  4 Pageswhether they be the development, their perceived inequality among other variables within a country. Because of this, and on the endeavour to unify the measurement of the current situation of a country, the United Nations via the ‘United Nations Development Program’ in 1990 developed and first published their ‘Annual Human Development Report’ featuring for the very first time in history the ‘Human Development Index’ (Stanton, 2007). According to the United Nations (UN), Human Development is the processRead MoreThe Human Development Index Is a Better Measure of Economic Performance Than GDP Per Capita624 Words   |  3 PagesI will advance the thesis that the Human Development Index (HDI) is a better measure of economic performance than the Gross Domestic Product (GDP) per capita. By saying that the HDI is a better system to measure economic performance, I mean that because the HDI highlights the trend between longevity, education and economic growth, it calculates a better analysis of an economy (Costa, Steckel 1997, p. 71). In contrast, the GDP per capita only accounts for the gross domestic product without payingRead MoreHuman Development Index ( Hdi )2211 Words   |  9 Pages(GNI) is the total income received by all households, including that earned in foreign countries. China is ranked 113th in 2013 in the world having an $11,850PPP and although GNI does not measure economic development it is used to meas ure the ability to buy goods and services . Human development index (HDI) is a composite indicator measurement based on life expediency, education and standard of living GDP, chia in ranked 101st in the world . This growth has led to an increase in the standard of living