What indexes are used for calculating HDI? Make their list
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Answer:
The Human Development Index (HDI) is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. A country scores a higher HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher. It was developed by Pakistani economist Mahbub ul Haq and was further used to measure a country's development by the United Nations Development Programme (UNDP)'s Human Development Report Office.[1][2][3]
Explanation:
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The Human Development Index (HDI) is a composite statistics of life expectancy, education, and income indices to rank countries into four tiers of human development. It was created by economist Mahbub-ul-Haq, followed by economist Amartya Sen in 1990, and published by the United Nations Development Programme (UNDP).
In its 2010 Human Development Report, the UNDP began using a new method of calculating the HDI. The following three indices are used:
1. Life Expectancy Index
2. Education Index: It includes
a. Mean Years of Schooling Index
b. Expected Years of Schooling Index
3. Income Index