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Title:Composite indices of human well-being: Past, present, and future PDF Logo
Authors:McGillivray, Mark
Noorbakhsh, Farhad
Issue Date:2004
Series/Report no.:Research Paper, UNU-WIDER, United Nations University (UNU) 2004/63
Abstract:This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or so years, including the well known Human Development Index (HDI). A number of issues are considered, including the choice of components, component weights, scale equivalence, non-linearity, correlations among components and the policy relevance of such measures. A number of these issues are examined in the context of a critical review of the many criticisms of the HDI and the United Nations Development Programme’s responses to these criticisms (some involving changes to the design of the index). A basic premise of the paper is that indices used for international well-being comparisons should be relevant to the policies and individual priorities of countries. Possible directions for the future design and application of composite well being indicators are identified, including adoption of country-specific variables, participatory, country and time variant component weighting schemes and the inclusion of human security measures.
Subjects:human well-being
composite well-being indices
income per capita
Human Development Index
Physical Quality of Life Index
JEL:I31
D63
C43
C21
ISBN:9291906603
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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