Download Millenium Development Goals

Can you spot the link between
this and today’s lesson?
Human Development
Index
rate of population growth
share of raw
materials being
recycled
Political freedom
Infrastructure
percentage of
energy from
renewable resources
income distribution
incidence of
stress related
disease.
What factors
indicate an
economy’s
success rates?
Life expectancy
infant mortality
diversity of species
literacy
education
clean water
sanitation
health
clean air
Medical care
In small groups…use the cutout’s…..
• Sort these categories into what you feel
are the most to least important factor of
measuring an economy’s success rates.
• Use a Diamond shape for your priorities…
What have
you included….?
3.5_ HDI list for activity.xls
Watch this….
http://undp.edgeboss.net/wmedia/un
dp/hdro/hd/peoplefirst/stream/people
_first_high.wvx
What is HDI?
• HDI – Human Development Index
• It is a UN measure of a country’s development
• It gives countries a value between 0 and 1 on
THREE key factors
• Resources
Knowledge
• Life Span
Need
to
know
this
for
exam
.
HDI - Resources
• Measures in GDP in PPP$
Territory size shows the
proportion of worldwide
Gross Domestic Product
measured in US$
equalized for purchasing
power parity in 2015.
Purchasing Power Parity (PPP)
• Purchasing power - differences in the
cost of living between countries
• A hypothesis that the long run changes in
exchange rates are caused by differences
in inflation rates between countries
http://www.cityma
yors.com/economi
cs/expensive_citie
s2.html
Burgernomics…
• Burgernomics is based on the theory of
purchasing-power parity (PPP), the notion that a
dollar should buy the same amount in all countries.
• Thus in the long run, the exchange rate between
two countries should move towards the rate that
equalizes the prices of an identical basket of goods
and services in each country.
• Our "basket" is a McDonald's Big Mac, which is
produced in about 120 countries. The Big Mac PPP
is the exchange rate that would mean hamburgers
cost the same in as abroad.
• Comparing actual exchange rates with PPPs
indicates whether a currency is under- or
overvalued.
HDI Knowledge
• Literacy
• School enrolment
HDI Life Span
• Life expectancy
HDI Life Span
Life expectancy &
Child Mortality
Child Mortality
• “The child mortality rate—the number of under-fives
dying per thousand live births—dropped by almost
a quarter worldwide between 1990 and 2006. …
• Progress in sub-Saharan Africa, where the death
rate is highest, has been slower.
• Around one in six children in the region still die
before the age of five and the rate is rising in some
countries.
• Pneumonia, diarrhoeal diseases and malaria
together account for more than two-fifths of child
deaths.” From The Economist
picture by Kevin Carter, winner of
the 1994 Pulitzer Prize
So which countries would you put in
your top 5 and bottom 5 under HDI
stats?
1. Iceland
2. Norway
3. Canada
4.
Australia
5. Ireland
These were
Oct 2008 data!
175. Mozambique
176. Liberia
177. Congo, Dem. Rep.
178. Central African
Republic
179. Sierra Leone
Your task….
• Using the spreadsheet
Always place
the data in
context….
Link to 1st
closest &
worst set of
data
• Select one country which is in the HDI
measures from one category….
• High
• Medium
• Low
Include the
3 categories
for HDI
• Create a ‘one page’ slide / poster to show
their HDI economic data (A3 size)
• Include relevant economic / HDI statistics
from the country
HDI latest statistics - 2008
Ideas for research / Poster
• After looking at HDI statistics
• Use Google – type in country’s name
• Look at the Tourist board links – they tend to show
the wealthiest parts of the country!
• Use Wikepedia (!) as a base for further research
• Try Flickr for amazing inspirational images
(cut/paste & crop)
Homework
• Complete your research on your one
country.
HDI – Human Development Index
• Do you know the three components of HDI
and can you interpret HDI data.
• Do you know a definition of Purchasing
Power Parities (PPP$)
• Next lesson we will aim to understand the
advantages and limitations of HDI in
making comparisons of living standards
between countries.