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What is development
The process of the creation & improvement of living conditions that allows humans to reach their full potentiall
Also allows for humans to live a long and happy life
→ human development - fights inequalities and increases living standards for all
Measuring inequality and development
we measure with different indications
Measures related to a key issue or phenomenon that are derived from a series of observed facts
Single indicators
indicators that measure only 1 factor - expressed as a number or %
Eg: life expectancy, infant mortality
Composite indicators
measures many factors at the same time → often used to measure complex, multidimensional. Concepts
Summarise a range of diff indicators in one number
Eg: HPI, HDI
Single indicators strengths and weaknesses
STRENGHTS
easy to calculate
Data is easily accessible
Easy to interpret
WEAKNESSES
limited in what is shown
Could be misleading
Can misinterpret minority groups
Composite indicators strengths & weakenesses
STRENGTHS
they are broader so they potentially offer a more complete picture
They measure concepts that are hard to quantify
WEAKNESSES
they are complex to calculate
If you don’t know how they are calculated - not useful
Open to bia bcs they involve choices
The data needed for calculation may not be avilable
LIC countries - characteristics
high agriculture
Mostly rural pop
Poor healthcare quality
Low income jobs
Inadequate housing