Quick Answer: In What Respect Is The Criterion Used By The UNDP For Measuring Development Different From The One Used?

What is the criterion used by World Bank for classifying countries?

Answer Per Capita IncomeAnswer Per Capita Income is the main criterion used by the World Bank in classifying different countries.

The limitation of this criterion are: • It doesn’t show distribution of income.

It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc..

Why do we use averages to compare the development of countries?

We use averages because they are useful for comparing differing quantities of the same category. For example, to compute the per capita income of a country, averages have to be used because there are differences in the incomes of diverse people. However, there are limitations to the use of averages.

What are the indicators used by World Bank for measuring development?

Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).

What is the full form of UNDP?

The United Nations Development Programme (UNDP) is the UN’s global development network, advocating for change and connecting countries to knowledge, experience and resources to help people build a better life.

What is the difference between World Bank and UNDP?

United Nation’s Development Report is a ranking system which ranks 188 countries while World Bank classifies countries into 4 groups. World Bank depends on Acreage income (per capita income) for classifying countries while UNDP uses education and health indicators along with income.

What are the three criteria given by UNDP?

Human Development Indicators published annually by the United Nations Development Programme (UNDP), provide broad measures of well-being worldwide. There are three data dimensions: life expectancy, education, and purchasing power parity. The UNDP also issues the annual Human Development Report.

What is development What are the indicators used by UNDP for measuring development compare it with World Bank report?

=> Development means progress in terms of income and other non material aspects. => World Bank only considered Per Capita Income as the measure to compare countries. UNDP also included Health and Education to compare countries.

What is the difference between the development criterion of World Bank and UNDP?

The criteria used by UNDP and world Bank to classify different countries is by using the process of averages but only difference is that world Bank only sees the average per capita income but UNDP sees the overall development.

Why is UNDP report more reliable of the two?

The UNDP report is more valuable as the per capita income is not fully reliable as although it shows the average income of the people in a particular country, it hides disparities. Therefore, it is essential to consider other factors too along with per capita income for comparing countries.

In what respect is the criterion?

UNDP ( United Nations Development Programme) compares countries on the basis of educational level of people, their health status and per capita income per annum while the criterion used by World Bank is merely that of per capita income or average income for measuring development.

What is average income What is its importance mention its limitations related to development?

1. Since it is an average measure, it can conceal significant inequality in the distribution of income in a country. Average income may be high because there are a few very rich people and a large number of poor people. In that case, high average income will not indicate high level of development.

In what respect is the criterion used by the UNDP for measuring development different countries?

1 Answer. (United Nations Development Programme) compares countries on the basis of educational level of people, their health status and per capita income per annum while the criterion used by World Bank is merely that of per capita income or average income for measuring development.

What are the criteria used by UNDP?

United Nations Development Programme (UNDP) has used the criterion of Human Development Index to measure the development of countries. HDI is calculated on the basis of: Per capita income : When the total national income of the country is divided by its population, we get the per capita income.