Since 2014
The Social Economic Development Index: A New Measurement of Development
Jurnal Ekonomi Malaysia
View Archive Info| Field | Value | |
| Title |
The Social Economic Development Index: A New Measurement of Development
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| Creator |
Mohammed Ayasrah, Tha’r Mutlaq
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| Description |
ABSTRACTThe human development index (HDI) is published annually by the United Nations Development Program and has played an influential role in the debate on human development for many years. However, it has been widely argued for several reasons that the HDI contains several weaknesses and is an inappropriate mechanism by which to measure human development. Additionally, the HDI does not take into account further important indicators, such as unemployment, poverty and environment, alongside GDP per capita; expected years of schooling and mean years of schooling; and life expectancy at birth. No index is perfect and the HDI of the UNDP reflects this fact. The present study proposes the social economic development index (SEDI) as a new means to measure the development level of countries. The SEDI uses more indicators than the three presently examined in the HDI. The study also suggests applying the developmentstatus matrix (DSM), which assists in classifying countries into groups according to development status, specificallyfocusing on the dynamic characteristics of underdeveloped countries. In conclusion, this study clearly demonstratesthe importance of utilizing the SEDI and the DSM to measure a country’s development.Keywords: Development; economic development; human development; human development index; social-economicdevelopment index; ranking of countries; development status matrixABSTRAKIndeks pembangunan manusia (HDI) diterbitkan secara tahunan oleh Program Pembangunan Pertubuhan Bangsabangsa Bersatu dan telah memainkan peranan yang penting dalam isu pembangunan manusia dalam sekian lamanya. Walau bagaimanapun, ianya telah diperbahaskan dengan serius atas sebab HDI mempunyai beberapa kelemahan dan ianya dilihat sebagai satu mekanisme yang tidak sesuai dalam mengukur pembangunan manusia. HDI juga tidak mengambil kira petunjuk-petunjuk penting, seperti pengangguran, kemiskinan dan alam sekitar, bersama-sama KDNK per kapita; jangkaan tahun persekolahan dan min tahun persekolahan; dan jangka hayat semasa lahir. Tiada indeks yang sempurna dan HDI juga menggambarkan situasi ini. Kajian ini mencadangkan indeks pembangunan sosial ekonomi (SEDI) sebagai cara baru mengukur tahap pembangunan negara. SEDI menggunakan lebih banyak petunjuk daripada ketiga-tiga petunjuk yang digunakan untuk mengkaji HDI. Kajian ini juga mencadangkan penggunaan matriks status pembangunan (DSM), di mana ia membantu mengklasifikasi negara-negara ke dalam kumpulan mengikut status pembangunan, khususnya memfokus kepada ciri-ciri dinamik negara-negara mundur. Kesimpulannya, kajian ini dengan jelas menunjukkan kepentingan kepenggunaan SEDI dan DSM dalam mengukur pembangunan sesebuah negara.Kata kunci: Pembangunan; pembangunan ekonomi; pembanguna manusia, indek pembangunan manusia; indekspembanginan sosial-ekonomi; kedudukan negara-negara; matriks status pembangunan
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| Publisher |
Universiti Kebangsaan Malaysia
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| Date |
2012-12-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://ejournal.ukm.my/jem/article/view/2709
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| Source |
Jurnal Ekonomi Malaysia; Vol 46, No 2 (2012): Jurnal Ekonomi Malaysia
0126-1962 |
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| Language |
eng
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| Relation |
http://ejournal.ukm.my/jem/article/view/2709/1776
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