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<title>Measuring Development</title>
<id>https://peda.net/id/433d5c710ca</id>
<updated>2021-09-03T14:15:36+03:00</updated>
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<entry>
<title>How to Measure Development ?</title>
<id>https://peda.net/id/433dc3740ca</id>
<updated>2017-10-03T19:18:49+03:00</updated>
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<content type="html">1) &lt;b&gt;Gross National Product:&lt;/b&gt; The total economic output including earnings from foreign investments + final goods produced by a country´s firms within and outside the country&lt;br/&gt;&#10;&lt;br/&gt;&#10;2) &lt;b&gt;Gross Domestics Product:&lt;/b&gt; The total market value of goods and services produced within a country in one year. Includes income, wages, profits and consumption&lt;br/&gt;&#10;&lt;br/&gt;&#10;3) &lt;b&gt;Human Development index; since 1990. Amartya Sen&lt;/b&gt; &amp;amp; &lt;b&gt;Meghnad Desai&lt;/b&gt;, &lt;b&gt;Mahbud ul Haq&lt;/b&gt;&lt;br/&gt;&#10;- life expectancy at birth&lt;br/&gt;&#10;- average education levels + adults literacy rates&lt;br/&gt;&#10;- standard of living GNI/ capita PPP&lt;br/&gt;&#10;&lt;br/&gt;&#10;What it reveals?&lt;br/&gt;&#10;*  National priorities&lt;br/&gt;&#10;*  Potential Growth&lt;br/&gt;&#10;*  Disparities between people&lt;br/&gt;&#10;&lt;br/&gt;&#10;4) &lt;b&gt;Genuine Progress Indicator&lt;/b&gt; ( GPI)&lt;br/&gt;&#10;* set of 26 indicators including social, environmental and economic factors, used to measure the quality of life&lt;br/&gt;&#10;&lt;br/&gt;&#10;5) &lt;b&gt;Inclusive Wealth Index&lt;/b&gt; ( IWI)&lt;br/&gt;&#10;* progress, well-being, long-term sustainability&lt;br/&gt;&#10;&lt;br/&gt;&#10;6) &lt;b&gt;Happy Planet index ( HPI)&lt;/b&gt;&lt;br/&gt;&#10;* life expectancy ( UN D. report)&lt;br/&gt;&#10;* experienced wellbeing ( ranking your life on a scale of 0 to 10)&lt;br/&gt;&#10;* ecological footprint ( consumption of resources- /capita measure of the amount of land needed to sustain the consumption patterns of a country)&lt;br/&gt;&#10;&lt;br/&gt;&#10;</content>
<published>2021-09-03T14:15:36+03:00</published>
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