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N. K. Aksentijevic

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Author: N. K. AksentijevicYear: 2018clear all
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5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
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USING THE HUMAN DEVELOPMENT INDEX IN MEASURING ECONOMIC DEVELOPMENT

(STEF92 Technology, 2018, N. K. Aksentijevic, Z. Jezic)

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Human Development Index (HDI) is calculated as a combined index of three indicators: the expected life expectancy, purchasing power and expected education. These three indicators can adequately represent the development of the country because the longer life expectancy of a population implies a better health condition, resulting in better psychophysical abilities or greater human vitality. The purchasing power of the population indirectly expresses the level of satisfaction of the needs, and thus the satisfaction ...

SOCIAL SCIENCES: Section Economics and Finance2018
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