Question

compare the criteria for comparison adopted by World bank and HDI.

Answer 1

Answer:

World Bank depends on Acreage income (per capita income) for classifying countries while UNDP uses education and health indicators along with income. ... iii) Descent standard of living using GDP per capita. Based on this it gives HDI ranks to country.

Answer 2

The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the following respects:

The World Bank: The World Bank uses per capita income as the sole criterion for measuring development. The UNDP: It uses Human Development Index (HDI) based on a combination of factors such as health,

education, and income as the criterion for

measuring development.

Thus, the UNDP does not rely solely on per capita income, as the criterion for measuring development, as in the case with the World Bank.