Inequality-adjusted

Human Development index

The Human Development Index: Measuring Progress Beyond GDP The Human Development Index (HDI) is a composite statistic used to rank countries by their level of human development. It is a measure of a country’s overall well-being, taking into account factors beyond economic growth, such as health, education, and living standards. The HDI was developed by … Read more

Poverty Gap

The Poverty Gap: A Measure of Deprivation and a Guide to Progress The poverty gap, a key indicator of poverty severity, quantifies the extent to which individuals or households fall below the poverty line. It measures the collective shortfall in income needed to lift everyone living in poverty to the poverty threshold. This article delves … Read more

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