Human Development Index: Quantifying Quality of Life - Development Economics Series | Academy 4 ...

The Human Development Index, or HDI, is a composite measurement indicating the average wellbeing of all people in a given country.

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**Think Further Questions:
1. Why were these three specific dimensions selected to be indicators of human development? If you were in Haq’s position, what dimensions would have you selected, and why?
2. What other potential conclusions can you draw from analyzing any given country’s HDI compared to its GDP?
3. Why do you think the international community historically has valued the GDP over HDI? In what ways is the HDI more important than the GDP, and vice versa?

**Contents
00:00 - How Do You Quantify “Quality of Life”?
00:41 - The Answer
01:08 - Definition: Human Development Index (HDI)
01:16 - How It Works
03:29 - Using It

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