1. The Slow-Down of Development in China
... country. Moreover, HDI consists of three indexes. In order to find HDI of a country, we need to know the income index, life expectancy index, and educational index of that country. According to Torada and Smith, Income Index is known when we use this equation: . 40000 refers to the richest among all; and ... and 0 is the lowest. Another one is Gross Enrollment Index: . 100 is highest percentage of people who enroll to study, and 0 is the lowest. So for Educational Index, the equation is . Now for HDI = To make it more easier, let's look at a example. In 2014, the GNI of China was $6,560. ...
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