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ECON 407: Advanced Topics in Development Economics

Sripad Motiram Department of Economics University of Massachusetts Boston (sripad.motiram@umb.edu)

Response Paper 1 Due: Tuesday, Feb 12, 5:00 PM (by e-mail)

Go through the reading on the conceptualization and measurement of development, and the material available on the web site of the Human Development Report (HDR): http://hdr.undp.org/en http://hdr.undp.org/sites/default/files/hdr14_technical_notes.pdf

Based upon these, answer the following questions:

(i) What is the Human Development Index (HDI) and how is it constructed? (ii) What are the advantages and disadvantages of using the HDI over using just per-capita income?

For (i), you should discuss the idea behind HDI and also present some basic mathematical details. For (ii), try to provide some examples, which you can find on the HDR web site.

Express ideas in your own words and do not repeat verbatim the text in the reading or on the HDR web site. Use quotations appropriately. Your response should not exceed three doublespaced pages, 12 pt, Times New Roma

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