Introduction:
The United Nations Development Programme (UNDP) and the World Bank are the two most prominent organizations working towards global development. Although they share a common goal, their approach to measuring development differs.

Criteria for Measuring Development:
The UNDP and the World Bank use different criteria for measuring development.

UNDP:
The UNDP uses the Human Development Index (HDI) as a measure of development. The HDI is a composite index that takes into account three dimensions of human development: health, education, and income. The HDI is based on the following indicators:

- Life expectancy at birth
- Mean years of schooling
- Expected years of schooling
- Gross national income per capita

The HDI provides a more holistic view of development, taking into account not only economic factors but also social and welfare indicators.

World Bank:
The World Bank, on the other hand, uses the Gross Domestic Product (GDP) per capita as a measure of development. GDP is the total value of goods and services produced by a country in a year, divided by the population. GDP per capita is an indicator of the average income of a country's citizens.

Difference in Approach:
The main difference between the UNDP and the World Bank's approach to measuring development is that the UNDP takes into account non-economic factors such as health and education, while the World Bank focuses solely on economic factors.

Conclusion:
In conclusion, both the UNDP and the World Bank play a crucial role in measuring and promoting global development. However, their different approaches to measuring development reflect their unique priorities and values. While the World Bank focuses primarily on economic development, the UNDP takes a more holistic approach, considering not only economic factors but also social and welfare indicators.