Question
Download Solution PDFWhich of the following indicators is NOT used to calculate Human Development Index (HDI)?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Social Inequality.
- Social Inequality is not used to calculate the Human Development Index (HDI).
Key Points
- Human Development Index:
- The Human Development Index (HDI) is a statistical tool that is used to measure a country's overall achievement in social and economic dimensions.
- The social and economic dimensions of a country depending on the health of people, their level of educational attainment, and their standard of living.
- A country scores a higher HDI if the lifespan is higher, the education level is higher, and the GDP per capital is higher.
Additional Information
- Mahbub ul Haq a Pakistani economist created HDI in 1990 which was further used to measure the country's development by the United Nations Development Program (UNDP).
- United Nations releases the Human Development Report.
- The UNDP also releases:
- Multidimensional Poverty Index
- Gender Inequality Index
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