Drifference between criteria chosen by world bank and UNDP
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Answer: The criterion used by the UNDP for measuring development is different from the criterion used by the World Bank in the following ways. ... On the their hand, the World Bank compares the development of the countries on the basis of per capita income or average income.
MAIN CRITERION USED BY WORLD BANKS
The main criterion used by the World Bank in classifying different countries: Countries with per capita income of US$ 12616 per annum and above in 2012, are called rich countries and those with per capita income of US$ 1035 or less are called low-income countries.
MAIN CRITERION USED BY UNDP
United Nations Development Programme (UNDP) has used the criterion of Human Development Index to measure the development of countries. HDI is calculated on the basis of: Per capita income : When the total national income of the country is divided by its population, we get the per capita income.
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