how is HDI different from GNI??
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YOUR ANSWER 》》》》》》》》》》》》》》In HUMAN development index ( HDI) is a composite statistics of life expentancy , education and per capita income indicators which are used to rank COUNTRIES into four tiers of HUMAN developments.
THE DIFFERENCE B/W THEM ARE =》
FIRST GNI =》
✴gross national income (GNI) is gdp plus net property income from overseas.
⚫remittance money transfers are hugely important for some for lower and middle income countries.
✴COUNTRIES having strong net inflows of remittances other income ( ceteris paribus) will see THERE gni rise.
⚫strong foreign aid inflows will also lift GNI
✴EXAMPLE ⚫=》east timor's Gnp is more than three times tge value of theire annual GDP.
⚫SECOND✴GDP=》
✴THERE are two slightly different measurement of strength of nation's ECONOMY .
⚫GROSS DOMESTIC product ( GDP) mey be defined as tge TOTAL of all ECONOMY in a COUNTRY , regardless of who owns the productive asserts.
✴IT used to measure country's national income in gross domestic product.
↪EXAMPLE =》NIKE ( A MNC) working in China counts for China's GDP NOT US'S
YOUR ANSWER 》》》》》》》》》》》》》》In HUMAN development index ( HDI) is a composite statistics of life expentancy , education and per capita income indicators which are used to rank COUNTRIES into four tiers of HUMAN developments.
THE DIFFERENCE B/W THEM ARE =》
FIRST GNI =》
✴gross national income (GNI) is gdp plus net property income from overseas.
⚫remittance money transfers are hugely important for some for lower and middle income countries.
✴COUNTRIES having strong net inflows of remittances other income ( ceteris paribus) will see THERE gni rise.
⚫strong foreign aid inflows will also lift GNI
✴EXAMPLE ⚫=》east timor's Gnp is more than three times tge value of theire annual GDP.
⚫SECOND✴GDP=》
✴THERE are two slightly different measurement of strength of nation's ECONOMY .
⚫GROSS DOMESTIC product ( GDP) mey be defined as tge TOTAL of all ECONOMY in a COUNTRY , regardless of who owns the productive asserts.
✴IT used to measure country's national income in gross domestic product.
↪EXAMPLE =》NIKE ( A MNC) working in China counts for China's GDP NOT US'S
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