Question

Explain weaknesses of measurements of development by the world Bank and UNDP

Answer 1

Explanation:

The world bank deals the development of a country with per capita income.

weakness of the development measurements by world bank are as follows:-

i) it does not include health or education development.

ii) there is disparities betn rich and poor as income is not divided equally in all the country as per their per capita income.

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Answer 2

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.