Question

Write two diffrences between the criteria used by undp and world bank in classifying different countries

Answer 1

Answer:

The criterion used by the UNDP for measuring development is different from the one used by the World Bank in following ways:

i) UNDP measures development on the parameters of education, health and per capita income whereas World Bank measures the same only on the basis of per capita income.

ii) UNDP ranks the countries on the basis of development whereas World Bank classifies them into three categories: rich countries, middle income countries and poor countries.

Explanation:

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