what is the difference between World Bank and Undp for measuring development
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Answered by
137
Hey mate,
United Nation's Development Report is a ranking system which ranks 188 countries while World Bank classifies countries into 4 groups.
World Bank depends on Acreage income (per capita income) for classifying countries while UNDP uses education and health indicators along with income.
Countries with Average income above $1216 are classified as rich while countries with $1035 or less are poor and other are classified as upper middle or lower middle by the World Bank.
UNDP measures :-
i) Health status using life expectancy.
ii) Educational status using Literacy rate
Gross enrolment ratio
iii) Descent standard of living using GDP per capita.
Based on this it gives HDI ranks to country.
HOPE IT HELPS YOU ^-^ !!
United Nation's Development Report is a ranking system which ranks 188 countries while World Bank classifies countries into 4 groups.
World Bank depends on Acreage income (per capita income) for classifying countries while UNDP uses education and health indicators along with income.
Countries with Average income above $1216 are classified as rich while countries with $1035 or less are poor and other are classified as upper middle or lower middle by the World Bank.
UNDP measures :-
i) Health status using life expectancy.
ii) Educational status using Literacy rate
Gross enrolment ratio
iii) Descent standard of living using GDP per capita.
Based on this it gives HDI ranks to country.
HOPE IT HELPS YOU ^-^ !!
Answered by
4
Answer:
Difference between World Bank and UNDP.
Explanation:
Difference between World Bank and UNDP.
UNDP- It implies the development of good quality of life. Here the individuals develop themselves to the fullest. This includes good education along with health facilities. And gives a better picture of the Human development index.
World bank- It focuses on development in the conventional sense that would mean a rise in per capita income and growth in the economy while comparing countries.
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