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in what respects is the criterion used by the UNDP for measuring development different from the one used by world bank |
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Answer» World Bank- • Per capita income is the BASE for comparison. • It is a narrower concept of development. • Countries have been divided into three categories, i.e., the RICH countries, the middle income countries, and the low income countries. UNDP- • UNDP has taken education, health and the per capita income as the base. • It is a BROADER concept of development. • Countries have been RANKED. |
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