1.

in what respects is the criterion used by the UNDP for measuring development different from the one used by world bank

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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