Economy, asked by payalghrit, 1 year ago

In what respects is criterion used by the UNPD for measuring development different from the one used by world bank​

Answers

Answered by ftankiita
2
The criterion used by UNDP is based on the educational level of the people, their heath status, and per capita income whereas the criterion used by the World Bank only consist of per capita income.

UNDP seeks to establish the fact that the health and educational level of the people plays an important role in the development of countries. There may be some countries like middle-east countries who have good capita income but these are not considered as the developed countries.

I hope it will help you!
Please mark it as brainliest!
Answered by Anonymous
1

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.

Similar questions