1. Business
  2. Economics
  3. 51 each year the united nations publishes the human development...

Question: 51 each year the united nations publishes the human development...

Question details

5.1  Each year the United Nations publishes the Human Development Report (United Nations Development Programme, 2015), which provides information on the standard of living in nearly every country in the world. The report includes data on real GDP per person, but also contains a broader measure of the standard of living called the Human Development Index (HDI). The HDI combines data on real GDP per person with data on life expectancy at birth, adult literacy and school enrolment. The following table shows values for real GDP per person and the HDI for several countries. Prepare one list ranking countries from highest real GDP per person to lowest, and another list ranking countries from highest HDI to lowest.

 


Briefly discuss possible reasons for any differences in the rankings of countries in your two lists. (All values in the table are for the year 2014 or the most recent year available.)

 

Briefly discuss possible reasons for any differences in the rankings of countries in your two lists. (All values in the table are for the year 2014 or the most recent year available.)

 

COUNTRY

GDP PER CAPITA (US$)

HDI

Australia

56 328

0.935

Brazil

8539

0.755

China

7925

0.727

Germany

41 219

0.916

Greece

18 036

0.865

India

1582

0.609

Singapore

52 889

0.912

United Arab Emirates

40 438

0.835

United Kingdom

43 734

0.907

United States

55 837

0.915

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution