Economy, asked by akashraj69, 1 year ago

In what respects is the criterion used by the UNDP for measuring development different from the one used by the word bank?​

Answers

Answered by shaurychd
2

The UNDP compares the development of the countries on the basis of literacy rate, gross enrolment ratio and health status of their people while World Bank use only per capita income as a criterion for development of a country.

Hope this will help you!!!


akashraj69: thanku
shaurychd: wc
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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