In what respect is the criterion used by the undp for measuring deployment different from the one used by the world bank?
Answers
Hlo friend!!
The indicators used by UNDP are:-
-Average income
-Literacy rate
-Infant mortality rate
-Education
-Health
-life expectancy rate
-HDI rank.
In the other hand, World Bank only uses
-average income or per capita income
-rich country (per capita income RS 453000 and above in 2004)
-poor country (per capita income RS 37000 or less in 2004)
Hope it helps
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.