2008 Economic positions
Iceland 0.968 (▬ )
Norway 0.968 (▬ )
Canada 0.967 (▲ 1)
Australia 0.965 (▼ 1)
Ireland 0.960 (▬ )
Netherlands 0.958 (▲ 3)
Sweden 0.958 (▼ 1)
Japan 0.956 (▬ )
Luxembourg 0.956 (▲ 9)
Switzerland 0.955 (▼ 3)
France 0.955 (▼ 1)
Finland 0.954 (▼ 1)
Denmark 0.952 (▲ 1)
Austria 0.951 (▲ 1)
United States 0.950 (▼ 3) Spain 0.949 (▼ 3)
Belgium 0.948 (▼ 1)
Greece 0.947 (▲ 6)
Italy 0.945 (▲ 1)
New Zealand 0.944 (▼ 1)
United Kingdom 0.942 (▼ 4)
Hong Kong 0.942 (▼ 1)
The formula defining the HDI is promulgated by the United Nations Development Programme (UNDP)<4> In general, to transform a raw variable, say x, into a unit-free index between 0 and 1 (which allows different indices to be added together), the following formula is used:
x-index =
where and are the lowest and highest values the variable x can attain, respectively.
The Human Development Index (HDI) then represents the uniformly weighted sum with ⅓ contributed by each of the following factor indices:
Life Expectancy Index =
Education Index =
Adult Literacy Index (ALI) =
Gross Enrollment Index (GEI) =
GDP =
Not the easiest to understand, but when you compare life expectancy, median incomes, gdp, adult literacy and education levels the US as a result of Republicans is an also ran.
It is far from being the greatest Country in the World, but it is a Country that has the resources to make it great. The position of the UK - another home of the Neo-Con pro banking policies of the last 30 years, a continual downward spiral.
http://en.wikipedia.org/wiki/Human_Development_Index