Economy, asked by niyati14, 1 year ago

compare the criteria used by world bank and undp for comparing the development status of different countries

Answers

Answered by unnati19
2
The criteria used by world bank is average income or per capita income.
The criteria used by UNDP included health status, education status...
Answered by tarunmandalcrj12
4

Answer: Criterion used by world bank to measure development is on the basis of income, countries which have higher per capita income are considered as rich countries and countries having lower per capita income are poor countries.

Criterion used by UNDP for measuring development is by following the process of estimating HDI with simple average indices like longevity i.e. health knowledge, education and per capita income. it does not rely only on per capita income as in case of world bank. According to human development report education and health are also indicators of development beside food, clothing and shelter.

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