Human Development Report is a better indicator for a country's development as compared to World Bank Report. Explain.
Answers
Explanation:
The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. The HDI can also be used to question national policy choices, asking how two countries with the same level of GNI per capita can end up with different human development outcomes. These contrasts can stimulate debate about government policy priorities.
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions.
Answer: Human Development Report is an annual report prepared by United Nation Development Programme (UNDP). It considers both social and economical indicators. It has come up with Life expectancy, Literacy rate and Per Capita Income as Development Indicators.
World bank report has come up with only World development Report in which Per capita income is taken as development indicator.
Explanation:
Hope u understand and are satisfied with the answer.