New Insights on Poverty - Hans Rosling (Examples Used: (GDP vs Child…
New Insights on Poverty - Hans Rosling
: There are many Dimensions to Development
Economic Growth ++
: "The seemingly impossible is possible."
: To show that the lack of statistical availability gives a distorted view of reality. And that statistical data can shape the discussion on poverty with more accurate measures.
Wine & Countries
: Some people think of wine as only red or white. Likewise people often view countries as being developed or developing. This is a simplistic way of viewing both .
Fertility Rate / Mortality Rate
GDP vs Child Mortality
United States had a comparably worse rate for child mortality for longer than other countries at similar stages of development.
: Asia, Arabic countries, Latin America are progressing more in terms of health, education, & human resources than they are in pure economic terms (GDP)
: Statistics allow for greater accuracy of comparison e.g. carbon-dioxide emission as a per capita figure rather than as a national figure.
: A visual aid tool to present material lifestyle to dollar earnings
Understanding what people need
: Technology to improve farming techniques / education to understand business / economics / infrastructure to access markets / health to keep working / micro-credit to buy tools, etc
: By looking at different variables over time we can compare countries at different points in their historical development, and compare them based on specific data points / factors, etc.
Allows us to move away from a model that compares two developing countries and sees one as failing, and the other succeeding. We can track progress over a time period with more data points than simply GDP.