In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank..
Answers
The criterion used by the UNDP for measuring development is different from the
criterion used by the World Bank in the following ways.
The UNDP compares the development of the countries on the basis of literacy rate, gross
enrolment ratio and health status of their people. On the their hand, the World Bank compares
the development of the countries on the basis of per capita income or average income.
On the basis of the comparison done by the UNDP, the countries are ranked as first, second,
third… whereas on the basis of the comparison done by the World Bank the countries are
divided into three categories:
1. Rich or developed or high-income countries
2. Middle-income or developing countries
3. Poor or underdeveloped or low-income countries
The UNDP has a broader concept of development and the World Bank has a narrow concept
of development.
Answer:
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