DEVS 100 Study Guide - Midterm Guide: Foreign Portfolio Investment, Foreign Worker, Human Development Index

62 views3 pages

Document Summary

Universalism: a perspective involving the universal application of rights or modes a development. Universal health care regardless of race, gender, etc. Gdp (gross domestic product): a measure of total production of goods and services in a country. Gdp per capita is a this just divided by the population. Gnp (gross national product): total production of goods and services by all citizens of a country, regardless of where they reside. Gni (gross national income): a variation of gnp but it removes indirect taxes. Ppp (purchasing power parity) **: measuring gdp per capita while taking into account the buying power of the dollar in different countries. Hdi (human development index): alternative measure of development that is based upon life expectancy, literacy and estimated earned income. Gdi (gender development index): measurement of development like the hdi but also takes into account the inequalities between men and women.