Alternatives to HDI

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Multidimensional Poverty Index:
Parameters:
·         Education: Mean Years of Schooling and School Attendance
·         Health: Nutrition and Child Mortality
·         Standard of Living: Access to clean water, electricity, sanitation, type of flooring, cooking fuel, other assets


Gross Happiness Index:
Given by Jigmay Signay Wangchuk – King of Bhutan
  • Parameters: Questions like
    • GDP Per capita, Access to Healthcare, Freedom to make choices, Trust, Freedom from corruption, Good governance
  • Criticism:
    • Too subjective
    • Cultural variations in meaning
    • Intercept point when it is asked 
    • People unaware of what they are deprived of
  • Rank: 122/155

Thank You.
Regards,
Behere Classes (www.behereclasses.com)

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