Economy, asked by diyamalik0701, 1 year ago

In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank? Any four or five points.

Answers

Answered by bhattsneha07
0

(1): UNDP compares development of countries on the basis of educational levels of the people, their health and per capita income and publishes Human Development Report whereas World Bank only uses per capita income of different countries.

(2): The criterion used by World Bank i.e. per capita income is not a useful measure as all the countries have different population whereas the criterion used by UNDP is much better as it not only compares per capita income of different countries but also their educational and health status.

Answered by Anonymous
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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