Compare UNDP 's and world bank's criterion for measuring development
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The method used by UNDP for measuring development is different from that of the World Bank.The UNDP uses the Human Development Index based on the factors like education, health and income as the criterion for measuring development.
The World Bank, on the other hand, uses per capita income as the primary criterion for measuring development.
UNDP does not consider income as the only criterion for measuring development like the World Bank. It also refers to factors like education and health as equally important for measuring the development of the country as these two factors are the basis for human resources in any country and the route to development.
The World Bank, on the other hand, uses per capita income as the primary criterion for measuring development.
UNDP does not consider income as the only criterion for measuring development like the World Bank. It also refers to factors like education and health as equally important for measuring the development of the country as these two factors are the basis for human resources in any country and the route to development.
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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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