Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

QUESTION 12 Each year the United Nations publishes the Human Development Report,

ID: 1152070 • Letter: Q

Question

QUESTION 12 Each year the United Nations publishes the Human Development Report, which provides information on the standard of living in nearly every country in the world. The report includes data on real GDP per called the Human Development Index (HDI). The HDI combines data on real GDP per person with data on life expectancy at birth, adult literacy and school enrolment. The following table shows values for real GDP per person and the HDI for several countries. (All values in the table are for the year 2012 expressed in 2005 US dollar terms.) person, but also contains a broader measure of the standard of living COUNTRY Australia Brazil China Germany Greece India Norway Singapore South Africa United Arab Emirates UK USA REAL GDP PER PERSON $34 340 10 152 7 945 35 431 20 511 3 285 48 688 52 613 9 594 42 716 32 538 43 480 HDI 0.938 0.730 0.699 0.920 0.860 0.554 0.955 0.895 0.629 0.818 0.875 0.937 Prepare one list ranking countries from highest real GDP per person to lowest, and another list ranking countries from highest HDI to lowest. Discuss possible reasons for any differences in the rankings of countries in your two lists (4 marks)

Explanation / Answer

Ranking, based on GDP per person (highest to lowest):

GDP per person, $

Country

52,613

Sin

48,688

Nor

43,480

US

42,716

UAE

35,431

Ger

34,340

Aus

32,538

UK

20,511

Gre

10,152

Bra

9,594

S.A

7,945

Chia

3,285

Ind

Ranking, based on HDI (highest to lowest):

HDI

Country

0.955

Nor

0.938

Aus

0.937

US

0.920

Ger

0.895

Sin

0.875

UK

0.860

Gre

0.818

UAE

0.730

Bra

0.699

Chia

0.629

S.A

0.554

Ind

The country having the highest GDP per person (like the country Sin) doesn’t mean that the country is also having the highest HDI too; in the HDI list, sin ranked as 5th. This is because of poor standard of living of that country.

Nor becomes the top in the HDI list and 2nd in the GDP; this is the country making balance between higher amount of GDP per person and higher standard of living.

Although the country Aus is 6th in the GDP list, it manages to stay in the 2nd position in the HDI list; this is because of their higher standard of living, like good health, literacy, etc.

HDI is more important than GDP per person because the former includes all of the economic parameter, like GDP, life expectancy, standards, health, literacy, etc.

[Because of plagiarism issue all the names of countries are either shorted or abbreviated.]

GDP per person, $

Country

52,613

Sin

48,688

Nor

43,480

US

42,716

UAE

35,431

Ger

34,340

Aus

32,538

UK

20,511

Gre

10,152

Bra

9,594

S.A

7,945

Chia

3,285

Ind

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote