Question

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

Answer 1

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The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the sense that it uses a combination of factors such as health, education and income as indicators of development. It does not rely solely on per capita income, as is the case with the World Bank.

Answer 2

Answer:

World Bank:

a) Per capita income is the base for comparison

b) It is a narrow concept of development

c) Countries have been divided into three categories, i.e the rich countries, the middle income countries and the poor countries

UNDP:

a) UNDP has taken education, health and the per capita income as the base

b) It is a broader concept of development

c) Countries have been ranked

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