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Macro economics Human development index Presentation by- Swati gupta Akanksha gupta

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human development index

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  • 1. Presentation by-Swati guptaAkanksha gupta

2. The human development index(HDI) isa composite statistic of life expectancy,education and income indices to rankcountries into four tiers of humandevelopment. 3. 1. Published by the United Nations Development Programme (UNDP).2. The purpose is to shift the focus of development economics from national income accounting to people centered policies .3. Used since 1990 by the United Nations Development Programme for its annual Human Development Reports. 4. Founder of human development report -Mahbub-ul-haqFollowed by-Amartya sen 5. The Human Development Index (HDI) is acomposite measure of economic andsocial welfare that has 3 main components Education health standards of livingfor countries worldwide. 6. 1. EDUCATIONit has two statistics-Mean year of schoolingExpected year of schooling.2. HEALTHit has one statistic-Life expectancy componentMinimum value of 20 years and maximum value of 83.2 years. 7. 3. STANDARD OF LIVING it has one statistic Gross national income(GNI) per capita adjusted to purchasing power parity standard. 8. GNIis now used rather than GDP because of the growing significance of remittance from abroad. 9. As per Helen Clark equity, dignity,happiness, sustainability- these are allfundamentals to live our lives but absent inthe GDP. GDP= values of goods and servicesproduced within the country during theperiod of time. HDI= GDP + others aspects of humandevelopment(knowledge, longetivity) 10. NO....... The HDI measures do NOT tackleissues related to good governance,political freedoms, etc 11. There is no theoretical reasoning forwhy life expectancy, education and GNIshould be given equal weighting in theHDI? The HDI should consider takingaccount of income distributions in acountry the Human DevelopmentReports do provide information on incomedistributions. 12. Inits 2011 Human Development Report the UNDP began using a new method of calculating the HDI. The following three indices are used: 1. Life Expectancy Index (Le EI) 2. Education Index (EI) 13. 2.1Mean Years of Schooling Index (MYSI) 2.2 Expected Years of Schooling Index (EYSI) 3. Income Index (II) 14. Finally,the HDI is the geometric mean of the previous three normalized indices: 15. RANK-134out of 187 countries HDI VALUE- 0.547 Medium human development country Between 1980-2011, Indias HDI valueincreased from 0.3444 to 0.547 With an increase of 59.0% Average annual increase of about 1.5% 16. Meanyear of schooling-4.4 Increased by 2.5 years between 1980-2011. Expected year of schooling-10.3. Increased by 3.9 years between 1980-2011. 17. Lifeexpectancy at birth- 65.4 Between 1980-2011, Indias lifeexpectancy at birth increased by 10.1years GNI per capita- 3468 Increased by 287.0% between 1980-2011 18. Planningcommission calculated the HDIby taking states and union territories as theunit of analysis Subsequently, each state government alsostarted preparing the state level Humandevelopment report. Prepared by Institute Of Applied ManpowerResearch. 19. RANK COUNTRY HDI1. NORWAY0.9422. AUSTRALIA 0.9293. NETHERLAND 0.910 S4. UNITED0.910 STATES5. NEW ZEALAND 0.908 20. Germany, India, China and Maldives GERMANY CHINAMALDIVES INDIARANK 9 101 109134HDI VALUE0.905 0.687 0.661 0.547LIFE EXPECTANCY 80.473.576.865.4RATIOEXPECTED YEAR 15.9 11.6 12.410.3OF SCHOOLINGMEAN YEAR OF12.27.55.8 4.4SCHOOLINGGNI PER CAPITA34,854 7476 5276 3468