In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

Question.

In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?


Solution:

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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