Puerto Rico's Human Development Index and Inequality-Adjusted Human Development Index (2013 – 2022)
Year: 2024
Type: article
Abstract: This research note analyzes Puerto Rico's socioeconomic development from 2013 to 2022 through the lens of the Human Development Index (HDI) and its Inequality-Adjusted counterpart (IHDI). Developed by the United Nations Development Programme (UNDP), these indicators provide a multidimensional framework for understanding development, encompassing health, education, and income. Unlike GDP, which focuses solely on economic output, the HDI captures broader aspects of human development, while the IHDI highlights inequalities within these dimensions. Puerto Rico's recent trajectory reveals progress from medium to high development levels, driven largely by federal recovery funds. However, significant income inequality persists, as shown by the gap between the HDI (0.868) and IHDI (0.700). JEL Classification: O15, I31, R11 Keywords: Human Development Index, Inequality, Puerto Rico
Authors: Fuentes-Ramírez, Ricardo, Ouslan-Cerritos, Alejandro
Institution: University of Puerto Rico-Mayaguez
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: green
OpenAlex ID: W6968042366
FWCI:
Cites:
Cited by:
Related to: