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Development and Statistics Presentation
HL ECONOMICS
Introduction
• Highly Developed EconomyItaly
• Medium Developed Economy Philippines
• Low Developed EconomyNigeria
• Asian Tiger South Korea
Human Development Index
• HDI: provides a composite measure of human development– Life expectancy– Education– Standard of living
Gender Issues: Gender-related development index
• GDI: measures achievements in the same indicators as the HDI but captures inequalities in achievement between women and men
Human Poverty Index
• HPI: An alternative measurefocus on the amount of poverty in a country
• HPI for developing countriesHPI-1– Adult illiteracy rate– Probability at birth of not surviving to age 40 – population without sustainable access to an improved water
source and children under weight• HPI for developed countriesHPI-2– Probability at birth of not surviving to age 60 – Population below income poverty line – Rate of long-term unemployment
Gini Coefficient and Lorenz Curve
Country GDP GDP/capita
HDI GDI HPI Gini Coefficient
Italy $2.399 trillion
$28,828 0.945 0.936 29.8%-HPI-2
0.360
South Korea $857.5 billion
$26,000 0.921 0.910 N/A 0.316
Philippines $168.6 billion
$5,137 0.771 0.768 15.3%-HPI-1
0.466
Nigeria $220.3 billion
$1,852 0.499 0.485 38.0% 0.510
Country GDP GDP/capita
HDI GDI HPI Gini Coefficient
Italy $2.399 trillion
$28,828 0.945 0.936 29.8%-HPI-2
0.360
South Korea $857.5 billion
$26,000 0.921 0.910 N/A 0.316
Philippines $168.6 billion
$5,137 0.771 0.768 15.3%-HPI-1
0.466
Nigeria $220.3 billion
$1,852 0.499 0.485 38.0% 0.510
Gini coefficient: measure of income inequality within a population
0 and 1
Italy
Italy
• GDP (official exchange rate): $2.399 trillion
• GDP ( real growth rate): -0.7%
• Population: 58,126,212
Human Development Index
• HDI: 0.945 (rank:19/179)
• GDP per capita (US$): 28,828
• Adult literacy rate (% ages 15 and above):98.8%
• Life expectancy at birth: 80.4
Gender Issues
• GDI value = 0.936• HDI value=0.945
• GDI value is 99.4% of its HDI value– Adult literacy rate (% ages 15 and older): 99.5
(female as % male)
Human Poverty Index
• HPI-2 value = 29.8%
• Life expectancy (probability of not surviving past age 40 [%]): 2.3%
• Adult illiteracy rate (% ages 15 and older): 1.6%
Lorenz Curve
• Percentage distribution of income: lowest 10%: 2.1%; highest (5th) 10%: 26.6%
• Gini Coefficient: 0.360
Philippines
Philippines
• GDP (official exchange rate): $168.6 billion
• GDP (real growth rate): 4.6%
• Population: 97,976,603
Human Development Index
• HDI: 0.771 (90/179)
• GDP per capita (US$): 5137
• Adult literacy rate (% ages 15 and above):92.6%
• Life expectancy at birth: 71 yrs
Gender Issues
• GDI value = 0.768• HDI value=0.771
• GDI value is 98.6% of its HDI value
Human Poverty Index
• HPI-1 value = 15.3%• Life expectancy (probability of not surviving
past age 40 [%]): 39.0%• Adult illiteracy rate (% ages 15 and older): 7.4%• Population without access to clean water: 15%• Children underweight for age (% ages 0-5): 28%
Lorenz Curve
• Percentage distribution of income: lowest 20%: 5.4%; highest (5th) 20%: 52.3%
• Gini Coefficient: 0.466
Nigeria
Nigeria
• GDP (official exchange rate): $220.3 billion
• GDP (real growth rate): 6.1%
• Population:149,229,090
Human Development Index
• HDI: 0.499 (rank: 154/179 countries)
• Life expectancy at birth: 46.6 yrs
• Adult literacy rate (% ages 15 and above): 71.0
• GDP per capita (US$): $1852
Gender Issues
• GDI value = 0.485 • HDI value=0.499
• GDI value is 97.2% of its HDI value
Human Poverty Index
• HPI-1 value = 38.0% (rank: 111/135 developing countries)
• Life expectancy (probability of not surviving past age 40 [%]): 39.0%
• Adult illiteracy rate (% ages 15 and older): 29.0%• Population without access to clean water: 53%• Children underweight for age (% ages 0-5): 29%
Lorenz Curve
• Percentage distribution of income (1996-1997): lowest 20%: 4.4; 2nd 20%: 8.2; 3rd 20%: 12.5; 4th 20%: 19.3; highest (5th) 20%: 55.7
• Gini Index: 0.51
South Korea
South Korea
• Asian Tiger
• GDP (official exchange rate): $857.5 billion
• GDP - real growth rate: 2.5%
• Population=48,508,972
Human Development Index
• HDI: 0.921 (rank:26/179)
• GDP per capita (US$): 26,000
• Adult literacy rate (% ages 15 and above):97.9%
• Life expectancy at birth: 78.72 yrs
Gender Issues
• GDI value = 0.910• HDI value=0.921
• GDI value is 98.8% of its HDI value– Female as % male life expectancy: 109.5%– Female as % male Combined primary, secondary
and tertiary gross enrolment ratio: 85.7%
Human Poverty Index
• Life expectancy (probability of not surviving past age 40 [%]): 2.5%
• Adult illiteracy rate (% ages 15 and older): 1.0%
• Population not using an improved water source: 8%
• Children underweight for their age(% under age 5): 0%
Lorenz Cruve
• Income distribution– Richest 10% to poorest 10% ratio
• South Korea 7.8 • United States 15.9 • France 9.1
• Gini Coefficient: 0.316
ConclusionCountry GDP GDP/
capitaHDI GDI HPI Gini
CoefficientItaly $2.399
trillion $28,828 0.945 0.936 29.8%-
HPI-20.360
South Korea $857.5 billion
$26,000 0.921 0.910 N/A 0.316
Philippines $168.6 billion
$5,137 0.771 0.768 15.3%-HPI-1
0.466
Nigeria $220.3 billion
$1,852 0.499 0.485 38.0% 0.510
Italy South Korea Philippines Nigeria 0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
HDI GDI HPI
Gini Coefficient
Compare GDP
Italy South Korea Philippines Nigeria 0
500
1,000
1,500
2,000
2,500
3,000
GDP
Country
GDP
($ b
illio
n)
Compare GDP/capita
Italy South Korea Philippines Nigeria $0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
GDP/capita
Compare HDI
Italy South Korea Philippines Nigeria 0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
HDI
Compare GDI
Italy South Korea Philippines Nigeria 0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
GDI
Compare HPI
Italy South Korea Philippines Nigeria 0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
HPI
Compare Gini Coefficient
Italy South Korea Philippines Nigeria 0
0.1
0.2
0.3
0.4
0.5
0.6
Gini Coefficient
Bibliography
• http://hdrstats.undp.org/2008/countries/country_fact_sheets/cty_fs_NGA.html
• https://www.cia.gov/library/publications/the-world-factbook/geos/ni.html
• https://www.cia.gov/library/publications/the-world-factbook/geos/ks.html
• http://hdrstats.undp.org/2008/countries/country_fact_sheets/cty_fs_KOR.html
• http://earthtrends.wri.org/gsearch.php?va=cp&kw=italy&theme=0