How does the world development report by the world bank classify different countries? why are averages important in this context?
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The world development report by World Bank is HDI that is Human Development Index which includes -
happiness index,
health index, etc .
other than income that is per capita income these are the methods they used to measure human development report.
Actually per capita income is used to measure the average income of different countries.
happiness index,
health index, etc .
other than income that is per capita income these are the methods they used to measure human development report.
Actually per capita income is used to measure the average income of different countries.
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