Human well-being is the identification and recognition that everyone and anyone in this world should have regardless of their gender, culture, age, the environment they are living in, or religion. It is measured based on facts and data that has been collected throughout people's lives. Human Development Index (HDI) is data that has been collected in large quantities and determines worldwide ranking or a certain number of countries based on life expectancy, education, and per capita income indicators. It is useful because it measures the success and achievements that have occurred and compare the results to other countries that are included and rank them based on the three factors that were listed previously. The two countries that will be discussed are China and Australia.
China is finding difficulties financially because of the debt that has to be paid back to the US which was $19.4 trillion. While paying back the debt China will not be financially stable. China only gets $15.270 gross national income per capita. However, Australia gets $43.560 gross national income per capita. One of the similarities of China and Australia is that there is a significant level of natural resources available, but the result will not be the same because China is overpopulated and Australia is underpopulated which makes it harder to provide everyone what they need in China. Australia does not have any debt to pay back which makes it convenient for the population. The Australian government uses the money to invest in things such as social security, welfare, or funding for aged care services.
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The Australian government would be capable of doing these things because people work and pay taxes and the tax goes towards these things and the individual's superannuation. China only provides 13.8 years of schooling which makes it difficult to run the country because not many people are educated enough to know what's wrong and what’s right. However, Australia provides 22.9 years of schooling. Australia can supply the population with education which it is helpful for society and each individual. When there is more education it means more employment and where there’s employment it means that the society and the country as a whole will become developed and financially stable. When the level of human well-being is high in a country, there is a high possibility that its population will live longer and that will cause the life expectancy to increase over time. The approximate life expectancy in China is 76.4 years. However, in Australia, the life expectancy is 83.1 years.
China has a lower life expectancy due to a lack of health services, efficient machinery to figure out or cure diseases, and also not having enough money to provide the needs for good health services, and low levels of education. Australia has a higher life expectancy due to the good health services provided, efficient machinery, educated and qualified doctors, and other people that work in the medical field. One of the management strategies was the president of China Xi Jinping has put health in priority for improving China’s human well-being. He put through a policy where there is a great allowance of machinery just for improving the population’s health. China held a National Health conference regarding the policy and the machinery which was the most significant national meeting on health in twenty years. The other management strategy occurred in the 1940s. China had 69 cities, but in 2007 it had 670. Towns were included within the 670 cities, which illustrates that the Chinese population migrated from villages to small towns which led to an expansion of cities that allowed urbanization to occur. Urbanization includes infrastructure, factories working in non-polluting machinery and procedures, and increased employment.
The Australian population are able to visit doctors and access medical facilities at any time and do not have to pay. There is something called medicare, which means that the government takes the money from the taxes and uses them to provide people with free health services. For the people that are unable to work and have disabilities, the government provides them with payments, do they do not rely on anyone and the money is helpful if they do not have anyone. In conclusion, Australia has a very high standard of living since its ranked 3rd out of 189 countries in the Human Development Index. However, China is ranked 86th out of 189 countries. This shows that China is one of the countries that are towards the bottom of the list but are improving over time. The Human Development Index is very helpful to today’s modern society because it directly shows the quality of living in certain countries. Once again the three factors that the Human Development Index is measured in are life expectancy at birth, expected years of schooling, and gross national income (GIN) per capita. Overall, Human well-being is improving worldwide and it will keep improving.