BW 35

BW 35

Name and explain composite indicators of development

1-      Human development index- number between 0-1 of the standard of living in a country based on health, education and gdp

Health- Health measures-Life expectancy- Average number of years a person is expected to live in a country

Infant mortality rates- number of deaths of babies under the age of one

Education- adult literacy rate

 Measure of the proportion of adults over 15 who are literate

Net enrollment in primary education- measure of the ratio of children enrolled in primary school of the primary school age

Financial measures- GDP per capita and GNI are often used to assess growth and development

Purchasing power parity

2. GDI- gender related development index- adjusted for inequalities between men and women

3. GEM-Gender empowerment measure- looks at numbers figures about women in leadership managerial, and parliamentary positions

 Between 0-1

4. Human poverty index HPI- Level of deprivation and poverty experienced in a country

5. Genuine progress indicator- Attempts to measure a country's growth has actually led to an increase in welfare of its people

Gdp +includes work such as volunteerism that wasn’t included in the GDP

Excludes costs of external costs of production.