Middle America:
Measures of Development
Introduction
Measures of Economic
Development
Human Development Index
One of our chapter objectives [mmhome] is to: "Apply the Measures of Economic Development to the Middle American realm. Compare the measures of Middle America with other geographic realms."
Use Table G-1 [mmmeasur] of your textbook and the maps below to get an idea of how Middle America ranks economically among the world's realms [realmmea.htm].
You may want to review the measures of economic development lecture including the section on the Human Development Index [HDI].
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Measures of Economic Development
[mmmeasur]
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What is the Human Development Index (HDI)? [wwhdi]
We have indicated that even though GDP per capita is the most used indicator of development, there are some significant problems with it. Therefore, the United Nations Development Program (UNDP) computes a Human Development Index (HDI) for each country each year. The human development index (HDI), composed of three indicators: life expectancy, education (adult literacy and combined secondary and tertiary school enrollment) and real GDP per capita.
To see the Human Development Index for individual countries go to: http://www.undp.org/hdr2001/indicator/indic_10_1_1.html
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