4.3.1

Cards (7)

  • Economic Growth
    A sustained rise in a country's productive capacity
    An increase in the real value of GDP / GNI per capita
    Increases in the productivity of factors of production
  • Economic Development
    Improvement in living standards
    Progress in expanding economic freedoms
    Sustained improvement in economic and social opportunities
    Growth in personal and national capabilities
  • The Human Development Index (HDI)

    The HDI focuses on longevity, basic education and income. It is a broad composite measure of improvements in people's lives - it is a weighted index. Each of the 3 measures is given a value between 0 and 1, and then an average is taken of the 3 composite indicators to give an overall measure of development.
    • Knowledge
    • Long and healthy life
    • A decent standard of living
  • HDI example countries
    Countries with the lowest HDI values include Niger, South Sudan, Chad and Sierra Leone. Countries with the highest HDI values include Norway, Switzerland, Australia and Ireland.
  • Gender inequality and human development
    • The Gender Inequality HDI rankings includes indicators that reflect the extent to which there are deep and persistent imbalances in economic, social and political freedoms for women and girls in developed and developing countries
    • Rwanda has made significant progress in addressing gender inequalities - e.g. in Rwanda, female lawmakers make up 64% of parliament, outperforming a world average of one woman in five.
  • Gender equality
    Denotes women having the same opportunities in life as men, including the ability to participate in the global sphere
  • Gender equity
    Denotes the equivalence in life outcomes for women and men, recognising their different needs and interests