Question
In: Economics
(10 Point) The Human Development Index (HDI) is a composite statistic of indicators, which are used...
(10 Point) The Human Development Index (HDI) is
a composite statistic of indicators, which are used to rank
countries into four tiers of human development.
a. What are the main factors taken into consideration when
constructing the new HDI (the sub-elements of the index)?
b. How is the new HDI calculated (the equation)? c. Following countries has HDI values as
Bangladesh 0.515; Canada 0.911;
Russian Federation 0.78; China 0.699;
Burkina Faso 0.343
What can you tell about their development level? Please consider
cutoff points of new HDI for the four categories of human
development achievements.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
Q1. The Human Development Index ( HDI) ... Group of answer choices -All options are correct...
Q1. The Human Development Index ( HDI) ...
Group of answer choices
-All options are correct
-is a summary measure of life expectancy, education, and per
capita income indicators.
-was created to emphasize that GDP per capita is a good proxy
for wellbeing.
-is a summary measure of income and inequality.
Q2. Using the relative poverty line we can compare the evolution
of poverty across countries over time.
Group of answer choices
True
False
Q3. Country X has a population...
Compare the Human Development Index (HDI) to Amartya Sen’s capabilities theory. (The Todaro and Smith textbook...
Compare the Human Development Index (HDI) to Amartya Sen’s
capabilities theory. (The Todaro and Smith textbook gives a
detailed account of the old and new versions of the HDI, but you
can refer only to the features that are relevant to your argument.)
What aspects of Sen’s theory are well represented in the HDI? What
aspects are missing from the HDI? For any missing feature, can you
suggest a way of empirically measuring that feature?
The United Nations’ Human Development Index (HDI) is based on real GDP per year, life expectancy...
The United Nations’ Human Development Index (HDI) is based on
real GDP per year, life expectancy at birth, and indicators of the
quality and quantity of education. Please explain why the HDI might
be better than real GDP as a measure of economic welfare. Do you
think the HDI should be expanded to include items such as
pollution, resource depletion, and political freedom? Explain.
(Word limitation: 250-400 words)
The United Nations Human Development Index (HDI) uses information about a country’s life expectancy at birth...
The United Nations Human Development Index (HDI) uses
information about a country’s life expectancy at birth (health),
expected years of schooling and mean years of schooling
(education), and Gross National Income per capita (standard of
living) to create a measure that ranges from 1 (very high) to 0
(very low). For 2017, the United States had a value of 0.924,
compared to 0.926 for Canada and 0.922 for the United Kingdom –
very similar values, although not the highest of...
The United Nations Human Development Index (HDI) uses information about a country’s life expectancy at birth...
The United Nations Human Development Index (HDI) uses
information about a country’s life expectancy at birth (health),
expected years of schooling and mean years of schooling
(education), and Gross National Income per capita (standard of
living) to create a measure that ranges from 1 (very high) to 0
(very low). For 2017, the United States had a value of 0.924,
compared to 0.926 for Canada and 0.922 for the United Kingdom –
very similar values, although not the highest of...
1. What is the advantage of using a composite of indicators (such as the 10 leading...
1. What is the advantage of using a composite of indicators (such
as the 10 leading indicators) over simply using an individual
indicator?
2. Do leading indicators tend to give longer warnings before peaks
or before troughs? What is the implication for the investor?
3. Comment on whether each of the following three industries is
sensitive to the business cycle. If it is sensitive, does it do
better in a boom period or a recession?
a. Automobiles
b. Pharmaceuticals
c....
explain Development Administration Development Planning human development index
explain
Development Administration
Development Planning
human development index
What are some of the criticism against the Human Development Index, and discuss.(10) (The subject is...
What are some of the criticism against the Human Development
Index, and discuss.(10)
(The subject is "Natural and Resource Environmental
Economics")
Why is the index of leading economic indicators useful for forecasting GDP? Which indicators can be...
Why is the index of leading economic indicators useful for
forecasting GDP? Which indicators can be used as leading economic
indicators and why?
What does a human development index of 0.498 mean?
What does a human development index of 0.498 mean?
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