Question

difference between criteria used by the World Bank and that of UNDP for measuring development? which method is better and why.

Answer 1

Answer:

World Bank use national income (total income of country)

UNDP use per capita income or average income (natonal income divisible by population of country) and also see other factors etc.

per caipta income is the best way to measuring development because different countries have different population.

Answer 2

Answer:

World Bank use national income (total income of country)

UNDP use per capita income or average income (natonal income divisible by population of country) and also see other factors etc.

per caipta income is the best way to measuring development because different countries have different population.