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Measuring Development (HDI (Differences between HDI and GNI ranking…

- - - - GDP > GNI
    - - GDP < GNI
- - - - CoL is lower than US (mostly ELDCs)
    - - CoL is higher than US (economically developed countries)
- - - - afford better healthcare/nutrition
      - access to more information
      - higher tax revenue allows government expenditure & subsidies
    - - limited govt budget > lower ability to provide adequate healthcare
      - lower labour productivity reduces economic growth > vicious cycle