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The Human Development Index (HDI) improves upon per-capita Gross Domestic Product as an indicator of development by incorporating information on health and education. However, like its predecessor, it fails to account for the inequality with which the benefits of development are distributed...
Persistent link: https://www.econbiz.de/10015183472
The Human Development Index (HDI) improves upon per capita GDP as an indicator of development by incorporating information on health and education. However, like its predecessor, it fails to account for the inequality with which the benefits of development are distributed among the population....
Persistent link: https://www.econbiz.de/10014181200
This paper proposes a method for adjusting the HDI to reflect the distribution of human development achievements across the population, and across dimensions, using an inequality measure from the Atkinson family. We begin with a discussion of the proposed indices in an idealized setting where...
Persistent link: https://www.econbiz.de/10013114870