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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asked Jul 16, 2017 in Economics by sforrest072 (157,439 points) 61 410 940

1 Answer

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answered Jul 16, 2017 by Abhishek Kumar (14,593 points) 5 9 35
 
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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 sense that it uses a combination of factors such as health, education and income as indicators of development. It does not rely solely on per capita income, as is the case with the World Bank.

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