Social Sciences
8 years ago

New measure reveals surprising differences in global living standards.

Journal of International Development
Theory and measurement of living levels: Some empirical results for the human development index
D.P. Doessel, Rukmani Gounder

Paper Summary

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The United Nations created the Human Development Index (HDI) in 1990 to compare living standards across countries and time. The HDI is just one of three ways to measure human development. Analysis shows differences between the measures, which could impact economic and social studies using the HDI.