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18-March-2024-Editorial

March 18 @ 7:00 am - 11:30 pm

HUMAN DEVELOPMENT REPORT 2024

The Human Development Report (HDR) is an annual publication by the United Nations Development Programme (UNDP) that assesses the global state of human development.

The 2023-24 HDR, titled ‘Breaking the Gridlock: Reimagining Cooperation in a Polarised World,’ sheds light on various aspects of human development, offering insights into global inequalities and progress.

About the Human Development Report:

Origins:

  • HDRs have been released since 1990, exploring different themes through the human development approach.
  • Produced by the Human Development Report Office for the UNDP.

Human Development Index (HDI):

Composite index measuring average achievement in human development based on:

  1. Life expectancy at birth
  2. Expected years of schooling
  3. Mean years of schooling
  4. Gross national income (GNI)

Provides a snapshot of a country’s overall development status.

Key Highlights of the Report:

Global Performers:

  • Top three countries: Switzerland, Norway, and Iceland.
  • Bottom three countries: Somalia, South Sudan, and Central African Republic.
  • Notable performances by bigger economies like the USA, UK, Japan, and Russia.
  • The report excludes the Democratic People’s Republic of Korea (North Korea) and Monaco.

Growth Disparity:

  • Rich countries experience unprecedented development, while half of the world’s poorest nations lag behind.
  • Inequality reduction trend reverses, leading to widening gaps between wealthy and poor nations.

Democracy Paradox:

  • Support for democracy coexists with endorsement of leaders undermining democratic principles.
  • Political polarisation and inward-looking policy approaches emerge due to a sense of powerlessness.

Global Inequalities:

  • Economic concentration amplifies global inequalities.
  • Dominance of a few countries in global trade and tech industry exacerbates disparities.

India’s Progress:

  • Life Expectancy: Increased to 67.7 years in 2022 from 62.7 years the previous year, indicating improved healthcare and living conditions.
  • Gross National Income (GNI) Per Capita: Rose to USD 6951, showing economic growth and rising standards of living.
  • Expected Years of Schooling: Reaching 12.6 per individual, reflecting advancements in education access and quality.
  • HDI Score: India achieved an HDI score of 0.644 in 2022, placing it at 134 out of 193 countries, indicating ‘medium human development’.
  • Positive Change: From an HDI of 0.434 in 1990, India has seen a 48.4% improvement, signifying developmental progress.
  • Gender Inequality: Notable strides made, with a Gender Inequality Index (GII) of 0.437, surpassing the global average, showcasing advancements in gender equality.
  • Neighbouring Countries’ Comparison:
  • Sri Lanka and China ranked higher in the ‘High Human Development’ category, while Bhutan and Bangladesh rank above India in the ‘Medium Human Development’ category.
  • Nepal and Pakistan ranked lower than India, indicating varied levels of development among neighbouring nations.

Details

Date:
March 18
Time:
7:00 am - 11:30 pm
Event Category:
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