What criteriation are used by world development report?
Answers
Answered by
5
Hey there!!
=>>The world development report 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High Income countries-
Countries with the per capita income of US $1216
per annum and above in 2012 , called rich countries.
Poor or Low income countries-
The countries with the per capita income of US $1035
or less , are called low income countries.
India comes in the category of low middle income countries because it's per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of middle east and other small countries, are generally called the development countries.
Limitations -
1) It covers only the economic aspect ignoring peace , health and environment, education, longevity etc.
2) This method does not give information regarding the distribution of income.
Hope it helped!!!☺️
=>>The world development report 2012, brought out by the World Bank has given the following criterion in classifying countries-
Rich or High Income countries-
Countries with the per capita income of US $1216
per annum and above in 2012 , called rich countries.
Poor or Low income countries-
The countries with the per capita income of US $1035
or less , are called low income countries.
India comes in the category of low middle income countries because it's per capita income in 2012 was just US $1530 per annum. The rich countries, excluding countries of middle east and other small countries, are generally called the development countries.
Limitations -
1) It covers only the economic aspect ignoring peace , health and environment, education, longevity etc.
2) This method does not give information regarding the distribution of income.
Hope it helped!!!☺️
karangupta95797:
Sorry but it doesn't helped me...
Answered by
4
heya.....
your answer is:
The world development report used the income criteria.
Because it is very important to compare the countries.
It may help you....☺☺
your answer is:
The world development report used the income criteria.
Because it is very important to compare the countries.
It may help you....☺☺
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