Glossary Terms

04

Dec'17

GDP per capita based on purchasing power parity (PPP)

  GDP measured on Purchasing Power Parity is gross domestic product converted to international dollars using purchasing power parity rates. …

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04

Dec'17

Physical Quality of Life Index (PQLI)

  The Physical Quality of Life Index (PQLI) was developed for Overseas Development Council in the mid-1970s by Morris David Morris. It …

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04

Dec'17

Human Development Index (HDI)

The HDI is the composite index adopted by UNDP to measure development, UNDP’s Human Development Report prepares HDI ranking annually. …

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04

Dec'17

Multidimensional Poverty Index

  The Multidimensional Poverty Index was launched by the UNDP and the Oxford Poverty & Human Development Initiative (OPHI) in …

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04

Dec'17

Human Poverty Index (HPI)

  The Human Poverty Index (HPI) is an indication of the standard of living in a country, developed by the United Nations (UN) …

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04

Dec'17

Inequality-adjusted HDI (IHDI)

  The Inequality-adjusted HDI (IHDI) was introduced by the UNDP in 2010 to measure human development by accommodating inequality. IHDI …

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04

Dec'17

Manufacturing sector

Manufacturing sector is an important part of the industrial sector constituting areas like consumer goods, industrial goods, chemical, mechanical etc. …

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04

Dec'17

Emerging Market Economy

  The term emerging market economy is used to denote a developing economy with high prospects, economic growth and undergoing …

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04

Dec'17

Saving-GDP ratio

  Saving GDP ratio shows what proportion of the GDP is saved in the economy. For example, saving GDP ratio …

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04

Dec'17

Structural Changes

  Structural change represents the fundamental changes that occurring in the basic features of the economy over a long period. …

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