Alternatives to HDI
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)