country : japan 9. The Human Development Index (HDI) covers more than 160 countr
ID: 1196097 • Letter: C
Question
country : japan 9. The Human Development Index (HDI) covers more than 160 countries, and is a broader measure of well-being than GDP per capita. The HDI combines three indicators of welfare: life expectancy, Gross National Income per capita, and educational attainment. Go to the HDI website at http://hdr.undp.org/en/content/human-development-index-hdi Look up the Human Development Index for your country: http://hdr.undp.org/en/content/table-1-human-development-index-and-its-components, and the country profile: http://hdr.undp.org/en/countries Where does your country stand on the HDI? Why? Is there a discrepancy between your country’s economic standard of living and its HDI rank? How would you alter the HDI to construct your own index of human development? Where does your country stand on the HDI? Why? Is there a discrepancy between your country’s economic standard of living and its HDI rank?
Explanation / Answer
HDI rank of Japan as per 2015 estimates is 0.89 which is quite high. 0 indicates lowest and 1 indicates highest level of development. However, the website you have referred to is under construction. t UNDP gives ranking from 1 -196 and higher is the rank, better is the performance of the country in terms fo HDI. Japan's rank is 17 which means that it stands at no 17 in decending order of 196 countries. It means 16 countries are ahead of Japan and 179 are behind it. Japan has 27th rank in terms of GDP (PPP).
There is a difference in two because HDI is based on three factors:
a) Per capita Income
b) Educational Attainments measured by literacy rates and Gross enrollment Ratio
c) Health Attainments measured by Life expectancy and Mortality Rates (Infanot Moretality rate and Amternal Mortality rates)
The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in its social and economic dimensions. The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living.
Description: Pakistani economist Mahbub ul Haq created HDI in 1990 which was further used to measure the country's development by the United Nations Development Program (UNDP). Calculation of the index combines four major indicators: life expectancy for health, expected years of schooling, mean of years of schooling for education and Gross National Income per capita for standard of living.
Every year UNDP ranks countries based on the HDI report released in their annual report. HDI is one of the best tools to keep track of the level of development of a country, as it combines all major social and economic indicators that are responsible for economic development.
I will include two more things ot develop my own HDI index:
a) Freedom Index
b) Ecological considerations
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