Economy, asked by TimeRey, 1 year ago

What is development? What are the indicators used by UNDP for measuring development?Compare it with the World Bank report.

Answers

Answered by RishabhBansal
261
Hey!!!!!

___________

=> Development means progress in terms of income and other non material aspects.

=> UNDP used

1. Literacy Rate

2. Life Expectancy Rate

3. Net Enrollment Ratio

4. Net Attendance Ratio

for measuring development

=> World Bank only considered Per Capita Income as the measure to compare countries. UNDP also included Health and Education to compare countries.

____________

Hope this helps you
Answered by devendra691
115

Hlo friend!!


Development can mean different things to different people but, it mainly means the process of developing or being developed.


The indicators used by UNDP are:-

-Average income

-Literacy rate

-Infant mortality rate

-Education

-Health

-life expectancy rate

-HDI rank.


In the other hand, World Bank only uses

-average income or per capita income

-rich country (per capita income RS 453000 and above in 2004)

-poor country (per capita income RS 37000 or less in 2004)


Hope it helps :)

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