in what aspects is the criterion used by UNDP for measuring developement different from the one used by the world bank?
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UNDP:
1) has taken education , life expactancy , health and other important component as the base fot development .
2) it is a board concept as it take into account all the important component of human development .
3)UNDP has ranked the differnt component of development .
4)for example , indian has been awarded 130 rank .
World Bank
1)world bank has taken per capita income as the base for economical development .
2) it is a concept as it takes into account only the income as the base.
3) world bank has divided the countries into low , upper and income countries . india come under lower middle income group
it may help you....
1) has taken education , life expactancy , health and other important component as the base fot development .
2) it is a board concept as it take into account all the important component of human development .
3)UNDP has ranked the differnt component of development .
4)for example , indian has been awarded 130 rank .
World Bank
1)world bank has taken per capita income as the base for economical development .
2) it is a concept as it takes into account only the income as the base.
3) world bank has divided the countries into low , upper and income countries . india come under lower middle income group
it may help you....
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0
World bank only uses per capita income for measuring development while UNDP uses many other factors like infant mortality, healthcare facility education level which help in improving the quality of life and helps in making the citizens more productive. As per HDI- 2014, India's rank is 135. On the other hand, the World Bank uses per capita income as the only criterion for measuring development and classifying the countries as rich and poor. Per capita income is useful for comparison, it does not tell us how income is distributed.
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