This assignment aims to analyse various aspects of human development and their implications for countries across the world. It will discuss the differences between the new and traditional Human Development Index (HDI), define GNI per capita, and explain the concept of purchasing power parity. Addit...
For further assistance please consult Brilliant Tutorials at 0691643262
ECS3707 - Development Economics
, For further assistance please consult Brilliant Tutorials at 0691643262
Table of Contents
Introduction............................................................................................................................. 3
a) Difference between the new Human Development Index and the traditional Human
Development Index................................................................................................................. 3
b) Definition GNI per capita....................................................................................................3
c) Application of purchasing power parity...............................................................................3
d) Difference between life expectancy at birth and expected years of schooling....................4
e) A country comparison and contrast the selection of countries according to their HDI value
and the contributary variable indicators..................................................................................4
f) Why education is important for striving to achieve the SDG of education............................4
g) The new theory of economic development in contrast to public choice theory and the
neoclassical counterrevolution when analysing HDI values....................................................4
h) the World Bank’s conventional country classifications........................................................5
i) GNI per capita in relation to the Gini coefficient and the total poverty gap...........................5
j) The relevance of the Multi-dimensional Poverty Index (MPI)...............................................5
List of references.................................................................................................................... 6
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