Why is the criterion used by undp for classifying countries according to development.Why is it preferred?
Answers
It helps us to know the health facilities of the country. Literacy rate: Education is also one of the most important criteria for the development of a country. Answer: "UNDP used Human Development Index (HDI) for classifying the countries.
The UNDP’s country classification system is calculated from the Human Development Index (HDI),[3] which aims to take into account the multifaceted nature of development. HDI is a composite index of three indices measuring countries achievement in longetivity, education and income. It also recognizes other aspects of development such as political freedom and personal security. The 2013 report which follows on from the 2010 report used the Gross National Income per capita (GNI/n) with local currency estimates converted into equivalent US dollars. It also uses equal country weights to construct the HDI distribution. In the classification system, developed countries are countries in the top quartile of the HDI distribution. Developing countries consists of countries in the high group (HDI percentiles 51-75), medium group (HDI percentiles 26-50), and the low group with bottom quartile HDI. Currently, 47 countries out of 186 compared.