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Edexcel A Level Economics A:復習筆記4.3.1 Measures of Development

Category: A-level課程, 教材筆記, 福利干貨 Date: 2022年9月29日上午9:41

Economic development?is the sustainable increase in living standards for a country, typically characterised by increases in life span, education levels, & income
There are many measures of economic development
- Single indicators?e.g. number of doctors/1000 people; infant mortality rate; % of the population with access to clean drinking water
- Composite indicators?such as the Human Development Index (HDI)

Health, as measured by the life expectancy at birth e.g.in 2019 it was 81.2 years in the UK
Education, as measured by a combination of the?mean?years of schooling that 25 year old's have received, together with the?expected years?of schooling for a pre-school child
Income, as measured by the real?gross national income?per capita at?purchasing power parity (ppp)

The Advantages & Disadvantages Of Using the HDI For Comparison

Advantages

Disadvantages

It is a composite indicator which provides a?more useful?comparison metric than single indicators do
It incorporates three of the?most important metrics?for households i.e. health, education & income
It is widely used all over the world which provides an opportunity for?meaningful comparisons
It provides a goal for governments to use when developing their policies e.g. it may help identify that the education levels are holding back improvements to the HDI &?government policy?can target that
It provides citizens with an understanding of how their?quality of life?compares to other countries

It does not measure the?inequality?that exists as it uses the mean GNI/capita
It does not measure or compare the levels of absolute & relative poverty that exist
For many countries it does not provide useful?short-term information?as gathering the data required for the calculation is difficult. This means the?data often lags reality?by several years

There are many more?single indicators?of economic development. These can be used to compare the relative standing of countries at any point in time. They also serve to provide?targets?for improving the lives of citizens. Examples include
- The proportion of the male population engaged in agriculture
- Energy consumption per person
- The proportion of the population with access to clean water
- The proportion of the population with internet access
- Mobile phones per thousand people
- Number of girls completing primary education
Two other useful composite indicators include
- The inequality adjusted HDI (IHDI)
- The Multi-dimensional Poverty Index (MPI)

Characteristics Of the IHDI & MPI

IHDI

MPI

Created in 2010 to deal with the lack of information that the HDI provides on?inequality
The IHDI will be?equal?to the HDI value when there is?no inequality, but falls below the HDI value as inequality rises
This means that the IHDI measures the level of human development when?inequality?is accounted for
The difference between the HDI & IHDI can be expressed as a percentage & represents the loss in?potential human development?due to
inequality
It provides greater insight into the?differences in human development?that exist in a country as opposed to the average human development

Launched in 2010 by the?Oxford Poverty & Human Development Initiative?at the University of Oxford
It measures the?complexities?of poor people’s lives, individually & collectively, each year
It tracks?deprivation?across three dimensions & 10 indicators:?health?(child mortality, nutrition),?education?(years of schooling, enrolment), &?living standards?(water, sanitation, electricity, cooking fuel, housing, assets)
It first identifies which of these 10?deprivations?each household experiences
Then identifies households as poor if they suffer?deprivations across 1/3?or more of the weighted indicators
It can focus in on regions, ethnicities & also any of the?three dimensions?making it a useful tool for policymakers & non-government organisation (NGOs) working to?reduce poverty

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