Understanding Development
Development refers to improvements in living standards, income, education, health, and overall wellbeing, though different people and groups
Core concept
Traditional measures of development, like per capita income, focus on average income but don't capture how income is distributed or other quality-of-life factors.
How it works
The Human Development Index (HDI), used by the United Nations, considers income, education, and health together, offering a more comprehensive view of development.
Why it matters
Different groups may prioritise different aspects of development - farmers might prioritise fair crop prices, while urban workers might prioritise steady employment and wages.
Key detail
Sustainable development, which meets present needs without compromising future generations' ability to meet their own needs, has become an increasingly important development goal.
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Quick notes
• Development includes living standards, income, education and health.
• Different people may define development differently.
• Per capita income is a traditional development measure.
• It doesn't capture income distribution or other factors.
• The Human Development Index (HDI) considers income, education and health.
• HDI offers a more comprehensive view of development.
• Different groups prioritise different aspects of development.
• Sustainable development meets present needs without harming future generations.