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These flashcards cover key concepts related to development metrics such as the Human Development Index, Gender Inequality Index, and the different paths of development.
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What does the Human Development Index (HDI) measure?
It measures development through decent standard of living, long and healthy life, and access to knowledge.
What are the three measures of HDI regarding standard of living?
What is a key measure of standard of living?
Gross National Income (GNI) adjusted for Purchasing Power Parity (PPP) per capita.
What sectors are included in the employment measures of HDI?
What two indicators are combined to form the access to knowledge component of HDI?
Years of schooling for adults and expected years of schooling for youth.
What is the Inequality-adjusted Human Development Index (IHDI)?
It modifies the HDI to account for inequality within a country.
What does the Gender Inequality Index (GII) measure?
It measures the gender gap in achievement in reproductive health, female empowerment, and female labor force participation.
What dimensions does the Gender Development Index (GDI) assess?
It assesses income, education, and life expectancy for gender gaps.
What are the two indicators of the empowerment dimension of GII?
The percentage of seats held by women in national legislature and the percentage of women completing secondary school.
What does the reproductive health dimension of GII encompass?
It includes adolescent fertility rate and maternal mortality rate.
What is the difference between the self-sufficiency path and the international trade path in development?
The self-sufficiency path encourages domestic production and protects against international competition, while the international trade path promotes foreign investment and market openness.