Name: Development Comparison of Three States
Uploaded: 2019-07-19
Duration: 6 min 29 s
Description: This video analyses income, infant mortality rate, attendance ratio and literacy in three Indian states: Kerala, Bihar and Haryana.

Question

Differentiate between the criterion used by World Bank and the one used by UNDP for classifying countries of the world? In what respects is the UNDP index better?

Accepted Answer

The criterion used by the World Bank to classify different countries is the per capita income or average income of a person in a country. Per capita income (PCI) is calculated by dividing the total income of a country by its total population.

Human Development Index that took into account Longevity of Life, Levels of Literacy and Health of the people.

The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the following ways:

UNDP measures development on the parameters of education, health, and per-capita income whereas World Bank measures the same solely on the basis of per capita income.

UNDP ranks the countries on the basis of development, whereas World Bank classifies them into three categories: rich countries, middle-income countries, and poor countries.

UNDP development measure is broad, whereas World Bank has a narrow framework to measure the same.

Differentiate between the criterion used by World Bank and the one used by UNDP for classifying countries of the world? In what respects is the UNDP index better?

Important Questions on The Story of Development

Learn and Prepare for any exam you want !