One point would be that HDI incorporates policies such as health and eduction. This means that it can better represent the impact of governments as it demonstrates the impact of the supply-side policies they can utilise. Furthermore, due to the fact HDI comprises of expected years in education and life expectancy at birth, HDI serves to illustrate the potential development of a country's living standards as it might take time for an increase in expected years of education to affect GDP and living standards.
what is the difference between capital and current expenditure what is the difference between capital and current expenditure
comparative advantage between two countries
Purchasing power parity, or the comparison of real price levels between countries.
development economy
problem of comparison of national income between time periods
what is the difference between capital and current expenditure what is the difference between capital and current expenditure
No. That ratio is 'efficiency'.
GSD'S are kind about it. Rotts use it to their advantage.
comparative advantage between two countries
Development.
You cannot compare insurance between two countries. It is always going to be different.
for their mutual advantage, an alliance has been arranged between our two countries
capitalism
comparison between Airbus380 & Airbus300
Purchasing power parity, or the comparison of real price levels between countries.
development economy
It will grow more slowly than in developin countries.