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Question
In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?
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Solution
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The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the following respects:
The World Bank: The World Bank uses per capita income as the sole criterion for measuring development.
The UNDP: It uses Human Development Index (HDI) based on a combination of factors such as health, education, and income as the criterion for measuring development.
Thus, the UNDP does not rely solely on per capita income, as the criterion for measuring development, as in the case with the World Bank.
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The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the following respects:
The World Bank: The World Bank uses per capita income as the sole criterion for measuring development.
The UNDP: It uses Human Development Index (HDI) based on a combination of factors such as health, education, and income as the criterion for measuring development.
Thus, the UNDP does not rely solely on per capita income, as the criterion for measuring development, as in the case with the World Bank.
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