ECS3707 - Development Economics
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Table of Contents
Introduction............................................................................................................................. 3
a) Difference between the new Human Development Index and the traditional Human
Development Index................................................................................................................. 3
b) Definition GNI per capita....................................................................................................3
c) Application of purchasing power parity...............................................................................3
d) Difference between life expectancy at birth and expected years of schooling....................4
e) A country comparison and contrast the selection of countries according to their HDI value
and the contributary variable indicators..................................................................................4
f) Why education is important for striving to achieve the SDG of education............................4
g) The new theory of economic development in contrast to public choice theory and the
neoclassical counterrevolution when analysing HDI values....................................................4
h) the World Bank’s conventional country classifications........................................................5
i) GNI per capita in relation to the Gini coefficient and the total poverty gap...........................5
j) The relevance of the Multi-dimensional Poverty Index (MPI)...............................................5
Conclusion.............................................................................................................................. 5
List of references.................................................................................................................... 6