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How is the criterion used by the UNDP different from the World Bank for measuring the development of a country? Explain.
(Board OD Set-II, 2020)
Answer:
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Answer to be written in Exam:
|
Basis |
World Bank |
UNDP |
|
Year of establishment |
World Bank was established in the year 1944. |
UNDP was established in the year 1965. |
|
Main Criterion of comparison |
In World Development Reports brought out by the World Bank , per capita income is used for measuring development. |
Human Development Report published by UNDP compares countries based on educational level of people , their health status and per capita income . |
|
Report type |
The World Bank gives a report on the basis of the World Development Report. |
UNDP gives a report on the basis of the Human Development Report |
|
Aspect in focus |
It focuses only on quantitative aspect of development. |
It focuses on quantitative and qualitative aspect of development. |
|
Scope |
It is narrow in scope. |
It is wider in scope. |
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