CH29: Measuring Progress

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Financial Measures

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14 Terms

1

Financial Measures

  1. GDP/capita

  2. GNI/capita (includes FDI and remittences)

  3. Purchasing power parity

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2

Health Measures

  1. Life expectancy at birth

  2. Infant Mortality rate

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3

Education Measures

  1. Expected years of schooling

  2. Mean years of schooling

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4

Other Measures

  1. Economic/social inequality index

  2. Energy indicators

  3. Environmental indicators

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5

LIfe expectancy at birth

the average number of years a person is expected to live at birth

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6

Infant mortality rate

the number of

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7

Expected years of schooling

the number of years a child of school entrance age is expected to

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8

Composite Indicators

  1. Human Development Index (HDI)

  2. Gender Inequality Index (GII)

  3. Inequality adjusted Human Development Index (IHDI)

  4. Multidimensional Poverty Index

  5. Inclusive Development Index (IDI)

  6. Genuine Progress Index

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9

Genuine Progress Index

GDP/capita adjusted with the benefits and costs of economic progress

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10

GDP/capita PPP

GDP/capita corrected for differences in prices and exchange rates between countries

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11

Gender Inequality Index

a measure of gender inequality through it’s ability to meet these goals:

  1. reproductive health

  2. empowerment

  3. economic involvement and status

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12

Inequality adjusted HDI

HDI downgraded depending on the level of inequality

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13

Human Development Index

a measure of human development through it’s ability to meet these goals:

  1. living standards

  2. long healthy life

  3. improved education

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14

Inclusive Development Index

an annual assessment of countries ability to meet goals:

  1. growth and development

  2. inclusion

  3. intergenerational equity and sustainability

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