Human Development Index

1601 WordsFeb 17, 20186 Pages
The critical difference between most development models and the human development index is that most development models only focus on income while the human development index includes the enlargement of all human choices – economic, political, social and cultural which all affect income. Comparing countries’ Gross National Product/Gross Domestic Product per capita is the most common way of measuring the level of development today. This model of economic growth assessment is based on a weak foundation that is not sustainable over a long-term economically, ethnically and politically. Higher per capita income in a country does not necessarily mean that the country’s inhabitants are better off than those in a country with a lower income per capita. Along with many other measures of development, these various indicators do no capture many aspects of human well-being. Sometimes, a country with a high level of national income records a significantly high percentage proportion deemed to be in poverty, illiterate, in poor health, with no access to a clean water supply and sanitation, and thus limited a huge disparity is observed, based on gender inequality, ethnicity and income. The Human Development Index (HDI) is a compilation statistics of mean schooling years, life expectancy and income recorded then used to rank countries into four tiers of human development. The ranking illustrates how capable a country is. The changing of prices throughout the economy due to inflation may
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