What is the difference between human capital report and world development report
Answers
Explanation:
World Development Report: a..it stress on rose in per capita income and growth in the economy. ... c..it includes GDP, national income and per capita income. The Human Development Report (HDR)is an annual milestone published by the Human Development Report Office of the United Nations Development Programme (UNDP).
The World Development Report (WDR) is an annual report published since 1978 by the International Bank for Reconstruction and Development (IBRD) or World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development.
The Human Development Report (HDR) is an annual milestone published by the Human Development Report Office of the United Nations Development Programme (UNDP). As of 2013 the last decade saw convergence in human development indicators (HDI) values globally, although progress was uneven within and between regions.It includes providing good education, health facilities.
The World Development Report (WDR) is an annual report published since 1978 by the International Bank for Reconstruction and Development (IBRD) or World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development. It focuses on development in the conventional sense that would mean rise in per capita income and growth in the economy while comparing countries
Human Development Report:
a..This notion of development implies good and quality life.
b..it's parameters are good education, health facilities etc.
c..it includes literacy rate ,life expectancy, infant mortality rate etc.to determine the status of development of the particular area,region or country..
World Development Report:
a..it stress on rose in per capita income and growth in the economy.
b..it takes into account quantitative aspect of development.
c..it includes GDP, national income and per capita income
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 Indian economist Amartya Sen 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]
The 2010 Human Development Report introduced an Inequality-adjusted Human Development Index (IHDI). While the simple HDI remains useful, it stated that "the IHDI is the actual level of human development (accounting for inequality)", and "the HDI can be viewed as an index of 'potential' human development (or the maximum IHDI that could be achieved if there were no inequality)". The index does not take into account several factors, such as the net wealth per capita or the relative quality of goods in a country. This situation tends to lower the ranking for some of the most advanced countries, such as the G7 members and others.[4]
The index is based on the human development approach, developed by ul Haq, often framed in terms of whether people are able to "be" and "do" desirable things in life. Examples include—Being: well fed, sheltered, healthy; Doing: work, education, voting, participating in community life. The freedom of choice is central—someone choosing to be hungry (as during a religious fast) is quite different from someone who is hungry because they cannot afford to buy food, or because the country is in a famine.[5]
Explanation:
Human capital report includes literacy rate,life expectancy,infant rate,etc to determine the status of development of the particular area or region.
World development report focuses on development in the conventional sense that would mean rise per capita income and growth in the economy while comparing countries.