Question

Who formulated the HDI
concept?​

Answer 1

Answer:

Description: Pakistani economist Mahbub ul Haq created HDI in 1990 which was further used to measure the country's development by the United Nations Development Program (UNDP).

Answer 2

Human Development Index(HDI) was formulated by Pakistani economist Mahbub-Ul-Haq and Indian economist Amartya Sen.

Explanation:

• HDI is used by the United Nations Development Program(UNDP) to basically measures the overall or comprehensive condition of the human development in all the individual countries in the world.
• The index includes life expectancy at birth,educational enrollment rate and per capita income as the three major indicators of the human development in any country.
• HDI was first proposed and formulated by Pakistani economist Mahbub-Ul-Haq and Indian economist Amartya Sen which was subsequently incorporated by UNDP in their developmental measurement.