Compare UNDP's and World Bank's criterion for measuring development.
Answers
Answer:
The criteria used by UNDP and world Bank to classify different countries is by using the process of averages but only difference is that world Bank only sees the average per capita income but UNDP sees the overall development
Criteria used by :
UNDP uses Human Development Index (HDI) to measure the development of nations. It has broader framework for measuring development. HDI is calculated on the basis of :
Per capita income - total national income is divided by its population.
Life expectancy - measures average age of people in the country. It helps to know the health facility of that place.
Gross enrollment ratio - measures the education gained at three levels ( primary, secondary and higher education level)
World Bank uses only per capita income for measuring the development of countries.
It classifies the countries in three categories (rich, middle and poor) ,it has the narrow framework to measure development.
Hope this helps