Question

In: Economics

The table below shows two countries with their respective GDP per capita at PPP, life expectancy,...

  1. The table below shows two countries with their respective GDP per capita at PPP, life expectancy, adult literacy, and Gross enrolment rates in 2017, as well as the UNDP’s minimum and maximum rates.

Country

GDP per capita PPP in $

Life Expectancy at birth in years

Adult literacy rate in %

Gross enrolment rate in %

Greece

Ghana

28,517

4,200

79.1

63.5

97.1

45.5

98.5

75.5

Minimum

Maximum

100

40,000

25

85

0

100

0

100

  1. Explain the UNDP Human Development Index (HDI) measure of human welfare
  2. Estimate the Human Development Index (HDI) for the two countries and comment on them.
  3. Explain two (2) weaknesses of the Human Development Index (HDI) as a comparative measure of human welfare.

Solutions

Expert Solution

Rahul Sunny answered 8 months ago
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