Please Please Please Please Please write answers of the following questions as per the marks indicated against it. 1. What are the major differences between the development criteria of World Bank and UNDP? What is the demerit of Per capita Income? - 5 2. What is HDI? Why it is used? How it is measured? What are the criteria in HDI? - 5 3. What is Sustainable development? How it is important for today? Explain with the example of a renewable and non- renewable resource. (5)
Answers
Hey Mate !
1.The criterion used by the UNDP for measuring development is different from the one used by the World Bank in following ways:
i) UNDP measures development on the parameters of education, health and per capita income whereas World Bank measures the same only on the basis of per capita income.
ii) UNDP ranks the countries on the basis of development whereas World Bank classifies them into three categories: rich countries, middle income countries and poor countries.
iii) UNDP has a broader framework to measure development whereas World Bank has a narrow framework to measure the same.
3.The HDI is a measurement system used by the United Nations to evaluate the level of individual human development in each country. The HDI uses components such as average annual income and educational expectations to rank and compare countries.
The HDI is calculated as the geometric mean (equally-weighted) of life expectancy, education, and GNI per capita, as follows: The education dimension is the arithmetic mean of the two education indices (mean years of schooling and expected years of schooling).
4.Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainable development has continued to evolve as that of protecting the world's resources while its true agenda is to control the world's resources.
5.It is a finite resource. Fossil fuels such as oil, natural gas, and coal are examples of nonrenewable resources. Humans constantly draw on the reserves of these substances while the formation of new supplies takes eons. Renewable resources are the opposite: Their supply replenishes naturally or can be sustained.
Hope it helps u !
Answer:
The criteria used by the UNDP for development
is different from one used from another in world Bank
such many explain can given this