Human Development Index
What is HDI? The Human Development Index (HDI) is a composite statistic used to rank countries by level of “human development”, taken as a synonym of the older terms “standard of living” and/or “quality of life”, and distinguishing “very high human development”, “high human development”, “medium human development”, and “low human development” countries. HDI was devised and launched by Pakistani economist Mahbub ul Haq, followed […]