Simon Feeny’s Post

The Human Development Index (HDI) combines information on a country’s income per capita, education, and life expectancy into a single index score. Last week the latest HDI country rankings were released by the United Nations Development Programme (UNDP) in its 2023/24 Human Development Report. The report reveals that while rich countries have attained record human development, half of the poorest have gone backwards. While the HDI is a well-respected and widely used measure of human development, it has been subject to criticism over the way it is constructed. One critique is the way that the three dimensions (health, education and living standards) are aggregated into the single index which implies a deterioration in one dimension can be compensated for by an improvement in another. A second critique is that the three dimensions are given equal weights (importance). Two recent studies that provide alternatives to these approaches (and whether they make a difference to country rankings) are provided here: https://lnkd.in/g3UZyf2K https://lnkd.in/gzVQzR7z #HumanDevelopmentIndex #SocialIndicatorsResearch #UNDP #HDR2024

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