Economist: Deconstructing development
Breaking down the constituents of the human development index
The UN released its new edition of its human development report on November 2nd. The report contains an index which is seen by many as an alternative way of measuring countries' prosperity and well-being. It is composed of three equally-weighted parts: health (through life expectancy at birth), wealth (national income per person) and education (average years of schooling plus expected years of schooling). The UN does a very good job of disseminating and communicating its statistics, so we encourage you to visit their site where you can read the full 185 pages of the report, or build your own index. Meanwhile, we've done one of the few things the UN doesn't do and deconstructed the index into its constituent parts in the chart below.
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