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Measuring Development

Macroeconomics

Human Development Index: Indicators, Ranking, Benefits, Limitations

Updated on January 23, 2023 · By Ahmad Nasrudin Tag: Development Economics, Economic Development, Human Development Index, Measuring Development

Human Development Index Indicators Ranking Benefits Limitations

What's it: Human Development Index (HDI) is an indicator that tells you the country's social and economic development. It considers three dimensions, namely, health, education, and living standards. Importance of the Human Development

Tag: Development Economics, Economic Development, Human Development Index, Measuring Development

Macroeconomics

Gini Coefficient: Meaning, Calculation Method, Data, Pros, and Cons

Updated on January 23, 2023 · By Ahmad Nasrudin Tag: Economic Development, Gini Coefficient, Human Development Index, Measuring Development

What's it: Gini coefficient is a statistic of economic inequality in a society. It tells you the distribution of income or wealth among individuals in an economy. It is not an absolute measure of a country's income or wealth. It just tells you how

Tag: Economic Development, Gini Coefficient, Human Development Index, Measuring Development

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