country: japan explain where and why your country ranks in the following areas:
ID: 1197431 • Letter: C
Question
country: japan explain where and why your country ranks in the following areas: Human Development (9); competitiveness (10); “economic freedom” (11); prosperity (12); social progress (13), and prospects for a better life. (14) 9.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? 10. Where does your country rank on the Global Competitiveness rankings? Explain your country’s ranking.
Explanation / Answer
9. Japan ranks 17 on the HDI.
Human Development Index(HDI) combines three dimensions:
No discrepancy observed between Japan’s economic standard of living and its HDI rank.
10. Japan ranks 6 on the Global Competitiveness rankings.
The basic requirements of Global Competitiveness rankings are (Japan: 25)
The efficiency enhancers are (Japan: 7)
Innovation and sophistication factors are (Japan: 2)
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