The human development index as a criterion for optimal planning

Planning strategies that maximize the Human Development Index (HDI) imply equitable outcomes – even though inequality aversion is not in the index itself. Moreover, the weight on income in the HDI plays only an indirect role in determining optimal allocations.UnpublishedAnand, S. and M. Ravillion, 1993, Human development in poor countries: on the role of private incomes and public services”, Journal of Economic Perspectives 7, 133-150. Budget of India, 2005, http://indiabudget.nic.in/es2004-05/chapt2005/chap14.htm. Chrétien, J., 1998, in Former Prime Minister’s Newsroom Archive (1995-2003)), September 9, 1998. http://www.pcobcp.gc.ca/default.asp?Language=E&Page=pmarchive&Sub=newsreleases&Doc=news_re19980909828_e.htm. Deaton, A., 2003, Health, inequality, and economic development, Journal of Economic Literature XLI, 113-157. Foster, J., L. Lopez-Calva, and M. Szekely, 2005, Measuring the distribution of human development: methodology and an application to Mexico, Journal of Human Development 6, 5-25. Kalam, A., 2005, address at the: International seminar on income and employment security in India”, April 6, 2005, New Delhi Index. http://presidentofindia.nic.in/scripts/sllatest1.jsp?id=502. Sen, A. K., 1981, Public action and the quality of life in developing countries, Oxford Bulletin of Economics and Statistics 43, 287-319. Sen, A. K., 1985, Commodities and capabilities (North-Holland, Amsterdam)