How is HDI better than per capita income
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Compared to GDP, the HDI has a greater emphasis on human development. ... GNI per capita, which is essentially the average person's purchasing power, is an important factor in calculating Human Development Index, but just one of several. The Human Development Index paints a more holistic picture of a country than GDP.
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Explanation:
Compared to GDP, the HDI has a greater emphasis on human development. ... GNI per capita, which is essentially the average person's purchasing power, is an important factor in calculating Human Development Index, but just one of several. The Human Development Index paints a more holistic picture of a country than GDP.
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