Difference between HDI and PQLI
Answers
Answer:
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Explanation:
PQLI and HDI are the two most popular measures of development, besides per capita income. ... While PQLI considers only the physical variables--adult literacy, life expectancy at birth and infant survival rate, HDI has life expectancy at birth, educational attainment and real GDP per capita (PPP$).
Answer:
PQLI and HDI are the two most popular measures of development, besides per capita income. ... While PQLI considers only the physical variables--adult literacy, life expectancy at birth and infant survival rate, HDI has life expectancy at birth, educational attainment and real GDP per capita (PPP$). The three-item PQLI is calculated on a scale that ranges from 0 to 100: (1) the percentage of the population that is literate (literacy rate), (2) the rate of indexed infant mortality ((166—infant mortality) × 0.625), and (3) indexed years of average life expectation ((life expectancy—42) × 2.7).
What is the meaning of PQLI?
Physical Quality of Life Index
The Physical Quality of Life Index (PQLI) is an attempt to measure the quality of life or well-being of a country. The value is the average of three statistics: basic literacy rate, infant mortality, and life expectancy at age one, all equally weighted on a 0 to 100 scale.
Compared to GDP, the HDI has a greater emphasis on human development. It takes the quality of life into account, not just production capacity of a country. Education and health are considered as important to a country as economic power. ... The Human Development Index paints a more holistic picture of a country than GDP.