Question

The Inequality-adjusted Human Development Index (IHDI) was introduced in which year's Human Development Report?

• A. 2000
• B. 2010
• C. 1995
• D. 2005

Answer 1

Answer:

B. 2010

The Human Development Index (HDI)

• The Human Development Index (HDI) is an amalgamation of various statistical indicators that collectively assess the well-being and development levels of different countries.
• It incorporates measures such as:
• • Life expectancy
  • Educational attainment (including both completed schooling years and the expected years of schooling at the start of the education journey)
  • Per capita income.
• These indicators serve as crucial parameters for ranking countries based on their levels of human development.
• A country scores a higher level of HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher.
• It was developed by Pakistani economist Mahbub ul-Haq and was further used to measure a country's development by the United Nations Development Programme (UNDP)'s Human Development Report Office

The Inequality-adjusted Human Development Index (IHDI)

• The Inequality-adjusted Human Development Index (IHDI) is a modification of the Human Development Index (HDI) that accounts for inequalities in the distribution of each dimension across the population.
• While the HDI provides valuable insights into overall development, it doesn't capture disparities within a society.
• The IHDI, however, takes into consideration disparities in health, education, and income, thereby offering a more nuanced understanding of a country's development.
• By incorporating inequality considerations, the IHDI reflects the actual level of human development, accounting for the unequal distribution of achievements.
• This adjustment offers a more comprehensive perspective on the well-being of the population, as it emphasizes the importance of not just average achievements but also the equality of those achievements across various segments of the population.
• The Inequality-adjusted Human Development Index (IHDI) was introduced in 2010