Sunday, December 8, 2013

HDI, GII, GHI and other global indices

Human Development Index (HDI)
  • A composite statistic of life expectancy, education, and income indices used to rank countries into four tiers of human development.
  • It was created by the Pakistani economist Mahbub ul Haq and the Indian economist Amartya Sen in 1990 and was published by the United Nations Development Programme (UNDP).
  • The UN report covers 185 member states of the United Nations (out of 193), along with Hong Kong and the Palestinian territories; 8 UN member states are not included because of lack of data. (Total - 187 countries)
  • 2013 - Rank 1 - Norway (Very high human development)
  • 2013 - Rank 136 - India (Medium human development)
  • 2013 - Rank 187 - Niger (Low human development) (lowest HDI)
Global Competitiveness Index
  • Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum (WEF)
  • Since 2004, the Global Competitiveness Report ranks countries based on the Global Competitiveness Index, developed by Xavier Sala-i-Martin and Elsa V. Artadi. The Global Competitiveness Index integrates the macroeconomic and the micro/business aspects of competitiveness into a single index.
  • 2013–2014 ranking - Rank 1- Switzerland (most competitive economy in the world) 
  • 2013–2014 ranking - Rank 60 - India 
  • 2013–2014 ranking - Rank 148 - Chad (lowest)
Ease of doing business index
  • An index created by the World Bank.
  • Higher rankings indicate better, usually simpler, regulations for businesses and stronger protections of property rights.
  • The most recent rankings come from the "Doing Business 2014" report. Ranking of economies was introduced in the "Doing Business 2006" report.
  • Economies are ranked on their ease of doing business, from 1 – 189.
  • 2014 - Rank 1Singapore 
  • 2014 - Rank 134 - India
  • 2014 - Rank 189 - Chad
Corruption Perceptions Index (CPI)
  • Since 1995, Transparency International (TI) has published the Corruption Perceptions Index (CPI) annually ranking countries "by their perceived levels of corruption, as determined by expert assessments and opinion surveys."
  • The CPI currently ranks 177 countries "on a scale from 100 (very clean) to 0 (highly corrupt)."
  • Transparency International (TI) is a non-governmental organization that monitors and publicizes corporate and political corruption in international development. The headquarters is located in Berlin, Germany.
  • 2013 - Rank 1 - Denmark (very clean)
  • 2013 - Rank 94 - India
  • 2013 - Rank 175 - Afghanistan,  North Korea and Somalia (highly corrupt)
Global Innovation Index
  • An annual publication which features, among others, a composite indicator that ranks countries/economies in terms of their enabling environment to innovation and their innovation outputs.
  • For the 2013 edition, Cornell University joined INSEAD and the World Intellectual Property Organization (WIPO) as co-publisher.
  • For the 2013 edition (6th edition), the Confederation of Indian Industry (CII), Booz and Company, du and Huawei joined as Knowledge Partners.
  • The 2013 edition covers 142 economies.
  • 2013 - Rank 1 Switzerland
  • 2013 - Rank 66 India
  • 2013 - Rank 142 Yemen
Global Hunger Index (GHI)
  • A multidimensional statistical tool used to describe the state of countries’ hunger situation. The GHI measures progress and failures in the global fight against hunger. The GHI is updated once a year.
  • The Index was adopted and further developed by the International Food Policy Research Institute (IFPRI), and was first published in 2006 with the Welthungerhilfe, a German non-profit organization (NGO). Since 2007, the Irish NGO Concern Worldwide joined the group as co-publisher.
  • The 2013 GHI was calculated for 120 developing countries and countries in transition, 56 of which with a serious or worse hunger situation.
  • 2013 - Rank 78 - Burundi (extremely alarming hunger situation)
  • 2013 - Rank 63 - India (alarming hunger situation)
  • 2013 - Rank 1 - Albania and Mauritius (Countries with a 2013 GHI score of less than 5 are not included in the ranking)
Human Capital Index
  • A new index that measures countries on their ability to develop and deploy healthy, educated and able workers through four distinct pillars -- education, health and wellness, workforce and employment, and enabling environment.
  • Released by the World Economic Forum (WEF)
  • Total - 122 countries
  • 2013 - Rank 1 Switzerland
  • 2013 - Rank 78 India
  • 2013 - Rank 122 Yemen
Gender Inequality Index (GII)
  • A new index for measurement of gender disparity that was introduced in the 2010 Human Development Report 20th anniversary edition by the United Nations Development Programme (UNDP).
  • This index is a composite measure which captures the loss of achievement, within a country, due to gender inequality, and uses three dimensions to do so: reproductive health, empowerment, and labor market participation.
  • Total - 148 countries
  • 2013 - Rank 1 Netherlands
  • 2013 - Rank 132 India
  • 2013 - Rank 148 Yemen