POLS 2080 Lecture Notes - Lecture 2: Millennium Development Goals, Human Development Index, Iqvia
Document Summary
Common measurements used child mortality life expectancy fertility rate. Internet use common units of analysis nations regions quintiles ( % of rich, poor and middle classes) richest 20%, poorest 20% and the 60% middle class. Ngo"s think tanks multi national companies world trade organizations, imf, world bank. Rst coined the idea of development we know today. Gdp= investments, consumption, government spending, imports and exports strengths objective measure relatively easily assessed useful for global comparison measures average wealth of country only no information about internal income distribution. Measures the extent to which the distribution of incomeor consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution index of 0 means perfectly equal. Hdi= health and life expectancy, education, standard of living human development index compiled annually by the undp composite and multi dimensional assessment. Gdp v gdp per capita better indicator of development.