In what respect is the Criterion used by the undp for measuring development different from the one used by the World Bank?
pls answer in short points
Answers
Answered by
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Answer:
World Bank is using per capita income as the main criterion.
Explanation:
UNDP measures through :
* Educational status.
*Health status.
*Per capita income
Answered by
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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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