HDI

• What is HDI?


  Human Development Index which consist of

  living standard: The GNI per capita

  Health: The life expectancy or average which people live to

  Education: The average number of years of schooling children receive
• What is GNI per capita?


  Gross National Income per capita.
• What is LIC?


  low income countries (LIC) - these are countries with a GNI per capita. of $1,045 or less,
• What is NEE?


  Newly Emerging Economies (NEEs)
• What is HIC?


  high income countries (HIC) - these are countries with a GNI per capita above US$ 12,696,
• Who are the BRICS?

  Brazil, Russia, India, China, South Africa
• Who are the MINT?

  Mexico, Indonesia, Nigeria, Turkey
• why are MINT country developing quickly?

  They all have big and growing populations with lots of young workers that will grow the economy faster
• why are BRICS country developing quickly?

  the extraction and export of natural resources and/or the huge input of cheap labour in manufacturing sectors.