1.

The Inclusive Development Index captures a more integrated picture of the

relative state of economic development than GDP alone.The Inclusive
Development Index adds inequality as an overarching dimension to these
existing indices and further contributes to a multidimensional understanding of
development.It also incorporates several other metrics, including gauges of
poverty, life expectancy, public debt, median income, wealth inequality and
carbon intensity. The index also considers investments in human capital, the
depletion of natural resources, and damage caused by pollution.The Inclusive
Development Index (IDI) is an annual assessment of 103 countries’ economic
performance that measures how countries perform on eleven dimensions of
economic progress in addition to GDP. It has 3 pillars; growth and development;
inclusion and; intergenerational equity – sustainable stewardship of natural and
financial resources.

2. In the past five years, almost a third of the 103 countries covered by the WEF
index experienced a decrease in their inclusive development scores even as
GDP increased. Among the 29 advanced economies in the sample, all but three
have experienced economic growth over that period, but most—16 out of 29—
saw their measures of social inclusion deteriorate, according to the WEF. Income
inequality has risen or remained stable in 20 of these advanced economies, and
poverty has increased in 17.The factors behind the improvement in IDI are index
growth had been significantly faster there have been stronger improvements in
other areas of the Index. Improvement in growth and development
inequality and sustainability also improves IDI.
.

3.Yes i think IDI is a better gauge of economic performance . The WEF proposes a
measure of its own, dubbed the “inclusive development index.” While it takes into
account growth, as measured using GDP per capita, employment, and productivity, it
also incorporates several other metrics, including gauges of poverty, life expectancy,
public debt, median income, wealth inequality and carbon intensity. The index also
considers investments in human capital, the depletion of natural resources, and damage
caused by pollution.

4. The Inclusive Development Index adds inequality as an overarching dimension to

these existing indices and further contributes to a multidimensional understanding of
development.The Inclusive Development Index captures a more integrated picture of
the relative state of economic development than GDP alone. Targeting broad based
advancement of living standards, KPIs provide a more comprehensive view of national
economic performance than GDP alone.The index also considers investments in human
capital, the depletion of natural resources, and damage caused by pollution.

5.

STRENGTH WEAKNESS

Growth and Development Growth and Development

➔ Employment rate - 80.3% ➔ GDP per Capita - $68.2
 Inclusion
➔ Net Income GNI 39.5
Intergenerational Equity and Sustainability
➔ Adjusted Net savings - 40.4%
CARBON INTE11NSITY,KG PER $OF GDP -$39.5
➔ Public Debt - $27.3
➔ Labor Productivity -$ 41.70
➔ Health Life Expectancy - 61.2 yrs
Intergenerational Equity and Sustainability
➔ Dependency ratio - 59.5%
InclusioN
➔ Poverty rate - 50.9%
➔ Median Income - $3.2

Question 2

1.

NATIONALITIES GDP(USD GDP PER GDP GROWTH

BILLION) CAPITA(USD) RATE (%)
(ANNUAL)
NEPAL 29 .00 812.20 7.10
BANGLADESH 286.00 1203.20 7.90
CHINA 14200.00 7755.00 1.50
PAKISTAN 320.00 1196.60 3.29
INDIA 2800.00 2104.20 1.10
AFGHANISTAN 22.00 563.80 2.90
TIBET 169.782 8250.00 9(not in annual)
UP $250 $990 14%(Not in
Annual)

SOURCE:- TRADING ECONOMICS

2.
NATIONALITIES INFLATION ( IN %) 2020 HDI INDEX 2020

NEPAL 6.90 0.574