Development classification | A system used to categorize countries based on their level of socio-economic development, often using indicators like HDI and income approaches. | SOURCE: "Development classification using HDI and income approaches."
HDI (Human Development Index) | A composite statistic measuring a country's average achievements in health, education, and income, used to assess development levels. | SOURCE: "Development, using HDI (both social and economic approach)."
Global Multidimensional Poverty Index (MPI) | An index that measures individual deprivations across 10 indicators in health, education, and standard of living, with all dimensions equally weighted. | SOURCE: "Global Multidimensional Poverty Index = measures each person’s deprivations across 10 indicators in three equally weighted dimensions."
Happiness index | A newer criterion for measuring global inequality, based on subjective well-being and life satisfaction, supplementing traditional economic measures. | SOURCE: "New criteria to measure global inequality: the happiness index."
1. What is the Global Multidimensional Poverty Index (MPI)?
2. What does the Human Development Index (HDI) primarily measure in assessing a country's development?
3. In which year did Willy Brandt propose the Brandt Line, which separates the more economically developed countries from the less developed ones?
Global Inequality Measures — purpose?
Assess disparities between countries and individuals.
Development classification — purpose?
Categorize countries by socio-economic development levels.
Development, poverty — key factor?
Lack of basic needs and opportunities.
HDI — what does it measure?
Health, education, income achievements.
MPI — dimensions?
Health, education, living standards.
Happiness index — focus?
Subjective well-being and life satisfaction.
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