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Saturday, January 26, 2013

26 January 2013

Well it's Australia Day, so that means a not-so-Sardonic Saturday edition of The Daily Quota.
Today, we discuss why we're the Lucky Country; and what better way to prove this than by internationally recognised quantitative data!

Presently, Australia is ranked second in the world on the Human Development Index (HDI). We are second only to Norway. This is an international measure that attempts to measure standard of living by collecting socio-economic data.

As of 2010, HDI is calculated by comparing three big quantitative factors;

  1. Life expectancy at birth (how long and healthy our lives are)
  2. The Education Index (the amount of years spent in school, and therefore access to and quality of education)
  3. GNI per capita (to ascertain how 'wealthy' each individual citizen is compared to overall economic input/output)
Today's Daily Quota is the up-to-date list of HDI rankings per country, calculated using the criteria above. So today, be proud to call yourself a citizen of the 'Lucky Country', because you officially are.
And there's Norway of denying that.

Sorry.


SEE THE FULL LIST HERE


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