Reports and Indices May to Aug
Reports and Indices May to Aug
Reports and Indices May to Aug
Why in News?
Recently, the UN General Assembly officially
launched the “Multidimensional Vulnerability
Index” (MVI) aimed at providing small island states
and developing nations with better access to low-
interest financing.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Aspects Description
1) The Multidimensional Vulnerability Index (MVI) is a newly established international quantitative benchmark.
2) It is designed to measure structural vulnerability and the lack of structural resilience across various dimensions of
About
sustainable development at the national level.
The United Nations is actively collaborating with SIDS to develop and implement the MVI.
The MVI incorporates a range of indicators reflecting a state’s structural vulnerabilities and lack of resilience, including:
i) Import dependency
ii) Exposure to extreme weather events and pandemics
Key Indicators in the
iii) Impacts of regional violence and refugee crises
MVI
iv) Demographic pressure
v) Availability of water and arable land resources
vi) Child mortality under the age of five
1) Traditional metrics, such as Gross National Income (GNI), often fail to adequately capture the vulnerabilities faced by
Limitations of
SIDS.
Traditional Measures
2) These traditional measures make it difficult for SIDS to access necessary financing for development.
4. Achievements:
i) The goal of reducing poverty saw a significant increase in points.
ii) There was notable progress in achieving decent work and fostering
economic growth.
iii) Efforts to protect and manage life on land also showed a substantial
improvement.
iv) The goal of achieving gender equality recorded the smallest increase in
points.
v) Similarly, the goal related to peace, justice, and strong institutions saw
minimal progress.
vi) The goal of reducing inequalities experienced a decline, dropping to 65
points in 2022-23 from 67 points in 2020-21.
REPORTS & INDICES [ MAY TO AUG 2024 ]
vii) Inequality Trends: Despite a marginal drop in the Reduced Inequalities goal, overall
inequality in India has decreased. The gap in consumption between the richest 10% and
the bottom 10% has contracted.
viii) Taxpayer Increase: The number of taxpayers has increased, indicating economic
progress.
ix) Zero Poverty: Increased by 8 points to 72, reflecting reduced extreme poverty and
improved livelihoods across India.
x) Zero Hunger: Increased by 5 points to 52, but further focus is needed on providing
nutritious food to address malnourishment, stunting, and low BMI scores.
5. Areas of Concern:
i) Gender Equality: Received the lowest score of 49 points, with only a 1-point increase
from 2020-21.
ii) Issues: Low sex ratio at birth, women’s ownership of land and assets, and low
participation of women in the labor force.
REPORTS & INDICES [ MAY TO AUG 2024 ]
1. The global gender gap score for all 146 countries included in this edition
stands at 68.5%.
2. Among the 101 countries continuously covered since 2006, the gap has also
improved by +0.1 points to reach 68.6%.
3. Despite progress, no country has achieved full gender parity. However, 97%
of economies included in this edition have closed more than 60% of their
gender gap (compared to 85% in 2006).
5. Top-Ranking Countries:
i) Iceland maintained its position as the most gender-equal country for the
14th consecutive year, with a gender gap score of 91.2%.
ii) Norway, Finland, and Sweden also rank high, consistently placing in the top
five.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Why in News?
India has raised its ranking in the newly released Travel & Tourism Development Index compared to
the previous report.
About Travel & Tourism Development Index 2024
1.This index is second edition and it has evolved from a flagship series produced by the World
Economic Forum since 2007.
2. It is developed in partnership with the University of Surrey and incorporating insights from top
Travel & Tourism (T&T) stakeholders, thought leaders, and data partners.
3. It evaluates the factors and policies that facilitate sustainable and resilient T&T development.
4. India holds the 39th position, making it the highest-ranked nation in South Asia and among other
lower-middle-income economies. This is a notable rise from the 54th position in 2021.
REPORTS & INDICES [ MAY TO AUG 2024 ]
2. Factors Influencing India’s Improved Ranking:
a) Cultural and Natural Attractions: India’s rich cultural heritage and diverse
landscapes contribute significantly to its appeal as a travel destination.
b) Investments in Tourism: Increased investments in tourism infrastructure,
along with efforts to enhance sustainability and safety in travel and tourism,
have positively impacted India’s ranking.
c) Competitive Advantages: India is highly ranked for its price competitiveness
(18th), air transport (26th), and ground and port infrastructure (25th).
It stands out as one of only three countries ranked in the top 10 across all
resource pillars, with Natural Resources at 6th and Cultural and Non-Leisure
Resources at 9th.
REPORTS & INDICES [ MAY TO AUG 2024 ]
Key Findings
Overall Peacefulness
•Global Peace Deterioration: The average level of global peacefulness deteriorated by 0.56% in 2024. This marks the
fifth consecutive year of declining peacefulness.
•Country Improvements and Deteriorations: In the past year, 65 countries recorded improvements in peacefulness,
while 97 countries saw deteriorations. This is the highest number of countries to experience a decline in a single year
since the index’s inception.
Regional Highlights
•Most Peaceful Countries: Iceland remains the most peaceful country, a position it has held since 2008, followed by
Ireland, Austria, New Zealand, and Singapore.
•Least Peaceful Countries: Yemen is now the least peaceful country, followed by Sudan, South Sudan, Afghanistan, and
Ukraine.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]
9. QS World University
Rankings 2025 Announced
The much-awaited QS World University Rankings
2025 have been announced, featuring an
impressive 1,500 universities across 105 higher
education systems.
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]
REPORTS & INDICES [ MAY TO AUG 2024 ]