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How is UNDP method better than World Bank method fir comparison for countries. Explain |
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Answer» Bcoz UNDP compares countries not only on the basis of their per capita income but also many other factors including health and education. Whereas world Bank compares only on per capita income....... 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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