How was the founder of HDI ( Human Development index)?

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A man of vision and compassion, Pakistani economist Dr Mahbub-ul-Haq created the Human Development Index in 1990. According to him, development is all about enlarging people’s choices in order to lead long, healthy lives with dignity. The United Nations Development Programme has used his concept of human development to publish the Human Development Report annually since 1990...

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The 2010 Human Development Report introduced an Inequality-adjusted Human Development Index (IHDI). While the simple HDI remains useful, it stated that 'the IHDI is the actual level of human development (accounting for inequality)', and 'the HDI can be viewed as an index of 'potential' human development (or the maximum IHDI that could be achieved if there were no inequality)'. The index does not take into account several factors, such as the net wealth per capita or the relative quality of goods in a country. This situation tends to lower the ranking for some of the most advanced countries, such as the G7 members and others.[4]

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It's Mr.MÀHBÙB ÙĹ HÀQ...

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Mr. Mahbub ul Haq

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Mahbub ul Haq is the founder of HDI....

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Mahbub ul Haq

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Amartya sin

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The founder of the Human Development Index (HDI) is Mahbub ul Haq, a Pakistani economist. He created the HDI as a way to measure and compare the development of countries beyond just economic indicators such as GDP. Haq believed that focusing solely on economic growth was not sufficient to truly understand the progress and well-being of a country's population.

Mahbub ul Haq's Background and Motivation:
Mahbub ul Haq was born in 1934 in pre-partition British India, which is now present-day Pakistan. He received his education at Cambridge University and later worked at the World Bank. Haq's experiences working in various developing countries made him realize that traditional economic measures did not capture the complete picture of a country's development. He observed that even though some countries had high GDP growth rates, their populations were still suffering from poverty, inequality, and lack of basic human needs.

The Creation of the HDI:
In 1990, Mahbub ul Haq, along with Amartya Sen, another renowned economist, launched the first Human Development Report for the United Nations Development Programme (UNDP). This report included the newly developed HDI as a composite index to measure a country's development beyond economic factors. The HDI is calculated using three main dimensions: life expectancy at birth, education (measured by literacy rate and school enrollment), and standard of living (measured by GDP per capita). By combining these indicators, the HDI provides a more comprehensive understanding of a country's development, taking into account factors related to health, education, and income.

Impact and Importance of the HDI:
The HDI has had a significant impact on the field of development economics and policy-making. It has helped shift the focus from purely economic growth to a more holistic approach that considers the well-being of individuals. The HDI has also been instrumental in highlighting the disparities within and between countries, leading to a greater emphasis on reducing inequality and improving access to basic services. The annual Human Development Reports, which feature the HDI, provide valuable insights and data for policymakers, researchers, and activists working towards sustainable development.

Conclusion:
Mahbub ul Haq's creation of the HDI revolutionized how we measure and understand development. His vision to go beyond economic indicators and consider the overall well-being of individuals has had a lasting impact on the global development discourse. The HDI continues to be a widely used index, prompting discussions and actions to improve the lives of people around the world.

Similar Class 10 Doubts

What does human development index indicate? By whom HDI is prepared?

How is the Human Development Index (HDI) calculated, and what are its three main indicators?

write a note on human development index Related: Previous Year Questions Chapter 1 – Development, Class 10, SST?

Which three efforts should be made by any country to improve its HDI (Humen Development Index) ?

What are the three components of Human Development Index? OR What are the attributes of regional or national developmental aspirations or goals?

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