Explain the benefits of HDI report published by UNDP over Report Published by world Bank on classification of countries on development.
Answers
Explanation:
Foreword
The wave of demonstrations sweeping across
countries is a clear sign that, for all our progress, something in our globalized society is
not working.
Different triggers are bringing people onto
the streets: the cost of a train ticket, the price
of petrol, political demands for independence.
A connecting thread, though, is deep and
rising frustration with inequalities.
Understanding how to address today’s disquiet requires looking “Beyond Income, Beyond
Averages and Beyond Today,” as this Human
Development Report sets out to do.
Too often, inequality is framed around economics, fed and measured by the notion that
making money is the most important thing in
life.
But societies are creaking under the strain of
this assumption, and while people may protest
to keep pennies in their pockets, power is the
protagonist of this story: the power of the
few; the powerlessness of many; and collective
power of the people to demand change.
Going beyond income will require tackling
entrenched interests—the social and political
norms embedded deep within a nation’s or a
group’s history and culture.
Looking beyond today, the 2019 Human
Development Report articulates the rise of a
new generation of inequalities.
Just as the gap in basic living standards is
narrowing, with an unprecedented number of
people in the world escaping poverty, hunger
and disease, the abilities people will need to
compete in the immediate future have evolved.
A new gap has opened, such as in tertiary
education and access to broadband—opportunities once considered luxuries that are now
considered critical to compete and belong,
particularly in a knowledge economy, where
an increasing number of young people are educated, connected and stuck with no ladder of
choices to move up.
At the same time, climate change, gender inequality and violent conflict continue to drive
and entrench basic and new inequalities alike.
As the Human Development Report sets out,
failure to address these systemic challenges will
further entrench inequalities and consolidate
the power and political dominance of the few.
What we are seeing today is the crest of a
wave of inequality. What happens next comes
down to choice. Just as inequality begins at
birth, defines the freedom and opportunities
of children, adults and elders, and permeates
those of the next generation, so, too, policies
to prevent inequalities can follow the lifecycle.
From pre–labour market investments in the
health and nutrition of young children to in–
and post–labour market investments around
access to capital, minimum wages and social
services, politicians and policymakers have a
battery of choices that, if correctly combined
for the context of each country or group, will
translate into a lifelong investment in equality
and sustainability.
Making those choices starts with a commitment to tackling the complexity of human
development—to pushing the boundaries to
help countries and communities realize the
Sustainable Development Goals.
This is the mission at the heart of the United
Nations Development Programme, working
together with the 170 countries and territories
we serve.
Some 40 years ago the founding father of
human development, Professor Amartya Sen,
asked a deceptively simple question: equality
of what? He answered with equal simplicity:
of the things we care about to build the future
we aspire to.
Professor Sen’s words help us to take a fresh
look; to go beyond growth and markets to
understand why people take to the streets in
protest, and what leaders can do about it.
I would like to thank all those who have taken
this journey of exploration with us over the past
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