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Progress In Human Development: Are We On The Right Path, Hippu Sk Nathan, Srijit Mishra
Progress In Human Development: Are We On The Right Path, Hippu Sk Nathan, Srijit Mishra
Srijit Mishra
The conventional measure of Human Development Index (HDI) is a linear average across dimensions, HDI1. Under this, poor attainments in any dimension gets perfectly compensated for better attainments in any other dimension HDI2, which is based on Euclidean distance measuring shortfall from the ideal, addresses the above anomaly. In our analysis of progress, we use HDI2 to develop the notion of an ideal path and penalty to capture deviation from this; and a measure of fluctuation. The measures are applied to 127 countries for the period 1990-2004. The results show that Sub-Saharan countries have suffered on account of sharp decline …