Question

what is difference in the criterion used by the world Bank and that of UNDP for measuring development? which one do you think is the better method and why​

Answer 1

Answer:

UNO (UNITED NATION ORGANIZATION) is global organization that helps in selfdisputes amoung countries. The UNO takes survey of human development known as United Nation Development(UNDP). UNDP measures development of 177 countries in the world. It is very judicious way of measuring development because it measures development of every individuals.

On the other hand, World Bank uses per capita income to measure human development. But it is not a good indicator of development because :-

(i) It creates disparity (differences) amoung individual income of person.

(ii) Income is not only indicator of development, there are many social indicators which can be used to measure development of country like - Literacy rate, Infant Mortality rate, etc.

Answer 2

Answer: Criterion used by world bank to measure development is on the basis of income, countries which have higher per capita income are considered as rich countries and countries having lower per capita income are poor countries.

Criterion used by UNDP for measuring development is by following the process of estimating HDI with simple average indices like longevity i.e. health knowledge, education and per capita income. it does not rely only on per capita income as in case of world bank. According to human development report education and health are also indicators of development beside food, clothing and shelter.