Cherchye, Laurens; Oghe, Erwin; Puyenbroeck, Tom Van - Centrum voor Economische Studiën, Faculteit Economie … - 2005
The United Nations' Human Development Index (HDI) takes several dimensions ---income, school enrolment and literacy rate, longevity--- and combines them into a single figure that measures the degree of development of a given country. However, there is disagreement about (i) how to normalize the...