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what is human development
development means change for the better where progress is sustained over the long term, its should be sustainable (soc,eco,env,pol)
why is the human development definition different for all
there are different views of better in different countries
environmental ways of how to measure development
air quality, noise pollution
social ways of how to measure development
birth and death rate, doctors per 1000, life expectancy, infant mortality
economic ways of how to measure development
unemployment rates, house prices, average household income, GDP
political ways of how to measure development
voting participation, democracy
what are single measures
measure of development that only have one factor
what is gini coeffieient
assess the degree of inequality within any country, 0=equality 1=inequality
what is GDP
gross domestic product, value of all goods and services produced by a country in a year
what is HDI
human development index, life expectancy education and GDP per capita
what is HPI
happy planet index, measure of sustainable well being showing extent to which countries deliver long sustainable lives, life expectancy experienced wellbeing and ecological footprint
what is HCI
human capital index, measure 0-1 with whether a child born today can expect to achieve full health and education
advantages of gini coeffiicient
shows clear distribution of wealth and level of equality
advantages of GDP
converted to US$ so comparison between countries is easy to see
advantages of HDI
composite measure, uses more than 1 indicator and covers social and economic, simplifies measure of progress
advantages of HPI
uses more than 1 indicator and measure social and environmental factors
advantages of HCI
shows how economically productive the country will be in the future
disadvantages of gini coefficient
exceptions to the rule with some HICs not scoring well on the index
disadvantages of GDP
only measures official economy, doesnt include informal economy of distribution of wealth, a single measure
disadvantages of HDI
complex as it requires economic and social data, doesnt take into account env quality, democracy, security and freedom
disadvantages of HPI
scores of many HICs were reduced by their large ecological footprints, subjective wellbeing
disadvantages of HCI
difficult to allocate funding to 2 areas that drive human capital development (health and education), complexities of factors may be ignored e.g. those who are unable to work