What are some economic measures of development
Income per capita
Economic sector balance
What is income per capita
The average income of a population
What is economic sector balance
Contribution of each sector to total national income
The economy is split into four sectors (primary, secondary, tertiary, quaternary) and the importance of each changes with development
What are social measures of development
Human development index (HDI)
Gender inequality index (GII)
Environmental quality
What is HDI
Life expectancy, income, education scored from 0-1
What is GII
Scored 0-1, the closer to 1, the more inequality
Measured based on reproductive health, empowerment, and labour force participation rate
how is environmental quality measured
Environmental Perfomance Index (EPI) based on pollution outside and air quality inside homes
What is the gini coefficient
Between 0-1/10/100
Measures inequality in distribution of household income with 0 being fully equal and 1/10/100 being one person has 100% of the wealth
What is Lorenz curve
Gin in coefficient shown on a graph
Straight line y=x is the most equal whereas large curves represent high levels of inequality
What are the global trends in economic development
All regions have seen a rise in GDP
Africa, Asia, and Latin America have seen significantly less growth than Europe and the USA
What are the global trends in environmental management
how much is agricultural land and what is the impact
40% of the worlds terrain is productive agricultural land (loss of habitat/biodiversity)
Causes depleting groundwater sources and removal of mangrove forests
What country is the biggest emitter
China
Responsible for almost 30% of global carbon emissions
Also has the most endangered species