PART 1.3 ECO DEV

• A variety of factors may contribute to differences in life expectancy, including:

  The stability of food supplies, War, The incidence of disease and natural disasters
• The percentage of those aged 15 and above who are able to read and write a

  simple statement on their everyday life.

  ADULT LITERACY
• More extensive definitions of literacy include those based on the?

  International Adult Literacy Survey
• This survey tests the ability to understand text, interpret documents and

  perform basic arithmetic

  International Adult Literacy Survey
• was introduced in 1990 as part of the United Nations Development Programme (UNDP) to

  provide a means of measuring economic development in three broad areas which are?

  Human Development Index (HDI)

  per capita income, health and education.
• tracks changes in the level of development of countries over time.

  HDI
• was created to emphasize that people and their capabilities should be the

  ultimate criteria for assessing the development of a country, not economic growth

  alone.

  HDI
• The HDI has two main features:

  A scale from 0 (no development) to 1 (complete development).

  An index, which is based on three equally weighted components?

  Longevity, Knowledge, AND Standard of living
• measured by life expectancy at birth

  Longevity
• measured by adult literacy and number of years children are enrolled at

  school

  Knowledge
• measured by real GDP per capita at purchasing power parity

  Standard of living
• is a very useful means of comparing the level of development of countries.

  HDI
• is a broader and more

  encompassing indicator of development than GDP

  HDI
• An index of _____ means low development

  0 TO 0.49
• An index of ______ means medium development

  0.5 TO 0.69
• An index of ______ means high development

  0.7 to 0.79
• An index of _____ means very high development

  Above 0.8
• is for a single country, and as such does not distinguish between different rates

  of development within a country, such as between urban and traditional rural communities.

  HDI index
• excludes many aspects of economic and social life that could be regarded

  as contributing to or constraining development, such as crime, corruption, poverty, deprivation,

  and negative externalities.

  HDI
• is calculated in terms of purchasing power parity, and the value can change.

  GDP
• Country with low development Index

  Nigeria 0.42
• Country with medium development Index

  Indonesia 0.6
• Country with high development Index

  Romania 0.76
• Country with very high development Index

  Finland 0.87
• HDI TOP 5 COUNTRY

  switzerland, norway, iceland, hongkong, and australia
• _____ is calculated in terms of purchasing power parity, and the value can change.

  GDP