What is the main differences between UNDP and World Bank in measuring development of countries ?
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The World Bank uses the Per capita Income as a method to measure the development of a country.
Under World Bank, developed countries are those whose per capita income is $ 12616 per annum or more and less developed countries are those whose per capita income is $ 1035 or less per annum.
The UNDP publishes Human Development Report that measures the development of a country in terms of literacy, health and per capita income.According to that the countries are given Human Development Index (HDI )ranks.
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Under World Bank, developed countries are those whose per capita income is $ 12616 per annum or more and less developed countries are those whose per capita income is $ 1035 or less per annum.
The UNDP publishes Human Development Report that measures the development of a country in terms of literacy, health and per capita income.According to that the countries are given Human Development Index (HDI )ranks.
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Answer: World Bank (a) Per capita income is the base for comparison. ... UNDP (a) UNDP has taken education, health and the per capita income as the base. (b) It is a broader concept of development, (c) Countries have been ranked.
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