How the Development Gap can be measured

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  • How the Development Gap can be measured
    • Gross Domestic Product
      • Total value of good and services produced by a country in a year.
      • Does not take into account the way in which the cost of living may vary between countries
      • Also only average figures which do not tell the way in which wealth is distributed within a country or how the government invests the money it has
    • Human Development Index (HDI)
      • Measures life expectancy, educational attainment and GDP per capita.
      • These are converted into an index which has a max value of 1.0
    • Gender related development index (GDI)
      • measurement of overall achievement for both men and women in the 3 factors measured in the HDI
    • Millennium Development Goals (MDGs)
      • established in 2000 to reduce global poverty substantially by 2015.
      • Measurement of progress is based on 1990 figures.
        • Eradicate extreme poverty and hunger
        • Achieve universally primary education
        • Promote gender equality
        • Reduce child mortality
        • Improve maternal health
        • Combat HIV/AIDS, malaria and other diseases
        • Ensure environmental sustainability
        • Develop a global partnership for development
    • Development Cable
      • Identified that in order for a country to develop there are key developmental factors that interact.
      • The outer stands are the outcomes of development and are integral to development

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