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Human Development Index

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Human Development Index

Scheme devised by the United Nations in the 1990s as a measure of human well-being. It comprises a social welfare index based upon education/adult literacy, health/life expectancy, and purchasing power of income/economy. Economically more developed countries tend to have the highest human development index (over 0.9). Those that are economically less developed score lowest, (0.25 HDI).


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Human Development Index (HDI): A number from 0 to 1, based on how a country's people fare in terms of life expectancy, adult literacy, and purchasing power (a person's ability to buy food, clothing, and other necessities).
Sierra Leone is the poorest country in the world, with about 70 per cent of its 6 million people still living on less than a dollar a day, and 70 per cent illiterate, according to the UN Human Development Index.
The Human Development Index, which included elements like mortality and literacy rates, not only revealed a more accurate picture, but also gave leverage to development agencies and well-meaning governments to boost spending on health, education and similar budget items often dismissed as part of allegedly extravagant spending.
 
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