INTL 3300 Lecture Notes - Lecture 4: Infant Mortality, United Nations Development Programme, Purchasing Power Parity
4 Feb 2016
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What is development: the process by which society changes and advances over time, can be measure by: literacy, employment, gender equality, income inequality, Gdp, infant mortality, economic growth, citizen enfranchisement (right to vote, feeling politically represented: the most common means of measuring development, mainly because it is easy to. Gpd is the total value of goods and services produced in a country, usually expressed per capita. Gni is the total income of all a country"s citizens. Gni needs adjustment to the cost of living in a given country- purchasing. Look very good on a map but they lack nuance and tell us very little about how wealth is distributed. Have to look at poverty and inequality to get the ground-level picture. Poverty- state of being poor relative to the established poverty line (basic level of income needed to maintain a reasonable standard of living) The absolute poverty line is around usd per day- as established by the.
