What is HDI? HDI (Human Development index) is a way of measuring development by combining indicators of life expectancy‚ educational attainment and income. The breakthrough for the HDI was the creation of a single statistic which was to serve as a frame of reference for both social and economic development. The HDI sets a minimum and a maximum for each dimension‚ called goalposts‚ and then shows where each country stands in relation to these goalposts‚ expressed as a value between 0 and 1. It is
Premium Human Development Index Demography Population
Comparison of Basic Economic Indicators of BRIC Nations Abstract In economics‚ BRIC is a grouping acronym that refers to the countries of Brazil‚ Russia‚ India and China‚ which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the BRICs" or "the BRIC countries" or "the BRIC economies" or alternatively as the "Big Four". Table of Content 1. Introduction 4 2. Statistics 5 3. Economic Indicators 6 3.1 GDP 6 3.2 Inflation 7 3.3 Deficits
Premium Emerging markets Developed country Macroeconomics
Introduction Our research topic is to analyze the relationship between human capital and economic growth. Economic growths important determinant are physical capital‚ labor and human capital. But from the recent trend of world economic growth‚ we found that human capital is playing a key role by taking the place of material capital and labor. Human capital is intimately related to growth as it increases the nation’s capacity to produce goods and services. It also creates more job opportunities
Premium Economics Economic growth Higher education
The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
Premium Economic development Purchasing power parity Economics
American Government Russia and the United States have a long history of both positive and negative relations between the the two nations. It would seem as though relationships started out rather smoothly in the beginning‚ when Russia sold Alaska to the United States in 1867 for 7.2 million‚ but history has certainly caused that mutual respect to dissipate. These ever-changing affiliations can be seen in many historical events such as‚ working together as allies against the Axis powers during the second
Premium World War II United States Cold War
WHAP Comparative Essay While both Mesopotamia and China are arguably the most influential‚ prominent and successful civilizations of their time and region‚ China’s advanced government‚ agricultural success‚ sophisticated number system‚ complex irrigation and overall stability prompts it to be the greatest impact on today’s society. Mesopotamia‚ as well as China‚ developed languages- both written and spoken- that are still somewhat used today. These languages were used as framework for later
Premium Mesopotamia Ancient Egypt Sumer
India/China Comparative Essay Hinduism and Buddhism were two very different religions that arose on the subcontinent of India. They were the building blocks of the most populated country in the world and still have lasting impacts today. India’s Hindu and Buddhist roots play a major role in their actions today as a world super power. By extension‚ Hinduism and Buddhism played very different but equally vital roles in the beginnings of India’s modern societal and cultural values. The influences
Premium Buddhism India Gautama Buddha
therefore are macro risks that threatens all companies. Brazil‚ officially the Federative Republic of Brazil is the largest country in both South America and the Latin American region. According to the Political Risk (Dynamic) Index of 2013‚ Brazil is one of the countries with a moderate political risk. Many companies come to Brazil because the business environment is more familiar than the other BRIC countries‚ which are Russia‚ India and China. Brazil also has a more stable public and private sector
Premium Brazil
Introduction: The Human Development Index (HDI) is a composite statistic used to rank countries by level of "human development" and separate "very high human development"‚ "high human development"‚ "medium human development"‚ and "low human development" countries. The Human Development Index (HDI) is a comparative measure of life expectancy‚ literacy‚ education and standards of living for countries worldwide. It is a standard means of measuring well-being‚ especially child welfare. It is used to
Premium Human Development Index
The Economic Reform of China What is the meaning of reform? 1.0. Introduction In the late 1970s‚ China initiated a full-scale economic reform in rural and urban parts of the country‚ because of the economic reform China has transformed itself from a centrally planned economy to an emerging market economy and at the same time its economy has achieved nearly a 9.5 percent average growth rate. The pace of China’s growth is not unique — Korea‚ Singapore and other economies in East Asia grew as fast
Free Deng Xiaoping People's Republic of China