What is development ?what are the indicators used by undp for measuring development ?compare it with the word bank report
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The method used by UNDP for measuring development is different from that of the World Bank.The UNDP uses the Human Development Index based on the factors like education, health and income as the criterion for measuring development.
The World Bank, on the other hand, uses per capita income as the primary criterion for measuring development.
UNDP does not consider income as the only criterion for measuring development like the World Bank. It also refers to factors like education and health as equally important for measuring the development of the country as these two factors are the basis for human resources in any country and the route to development
The World Bank, on the other hand, uses per capita income as the primary criterion for measuring development.
UNDP does not consider income as the only criterion for measuring development like the World Bank. It also refers to factors like education and health as equally important for measuring the development of the country as these two factors are the basis for human resources in any country and the route to development
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