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Life expectancy at birth is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
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Political freedom is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
The HDI is based on three measures: life expectancy at birth (a function of health care), educational attainment (measured by a combination of the adult literacy rate and enrollment in primary, secondary, and tertiary education), and whether average incomes, based on PPP estimates, are sufficient to meet the basic needs of life in a country (adequate food, shelter, and health care).
Privatization refers to the process of hiring private management consultancy firms to manage state-owned enterprises.
Peruvian development economist Hernando de Soto has argued that the chronic inability of property owners to establish legal title to the property they own is a key problem for innovation, and entrepreneurial activity in developing nations.
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