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Difference between UNDP report and world bank report.Why UNDP report is more reliable of the two?
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Difference between UNDP report and world bank report.Why UNDP report i...
The report by the World Bank compares countries based solely on per capita income while the report by the UNDP compares countries based on a host of other factors like per capita income, health status of people, and literacy levels of people. The UNDP report is more valuable as the per capita income is not fully reliable as although it shows the average income of the people in a particular country, it hides disparities. Therefore, it is essential to consider other factors too along with per capita income for comparing countries.
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Difference between UNDP report and world bank report.Why UNDP report i...
Difference between UNDP report and world bank report


  • The UNDP report is an annual publication that focuses on human development, while the World Bank report focuses on economic development.

  • The UNDP report uses the Human Development Index (HDI) as a measure of development, which takes into account factors such as education, health, and income. On the other hand, the World Bank report uses the Gross Domestic Product (GDP) as a measure of development.

  • The UNDP report also puts a greater emphasis on social issues, such as gender equality and poverty reduction, while the World Bank report is more focused on economic issues, such as trade and investment.



Why UNDP report is more reliable of the two?


  • The UNDP report is more reliable than the World Bank report because it takes into account a wider range of factors that contribute to human development. By using the HDI as a measure of development, the UNDP report considers not only economic growth but also improvements in health and education, which are important indicators of human well-being.

  • The UNDP report also has a more comprehensive approach to development, which includes the promotion of human rights, democracy, and good governance. This approach recognizes that development is not just about economic growth, but also about creating an environment where people can live with dignity and freedom.

  • The UNDP report is also more inclusive in its approach, as it seeks to involve people at the grassroots level in the development process. This participatory approach helps ensure that development policies are responsive to the needs of the people they are meant to serve.



Conclusion

In conclusion, while both the UNDP report and the World Bank report are important sources of information on development, the UNDP report is more reliable because it uses a more comprehensive approach that takes into account a wider range of factors that contribute to human development. Its focus on human rights, democracy, and good governance, as well as its participatory approach, make it a more inclusive and effective tool for promoting sustainable development.
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Read the source given below and answer the questions that follows:For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. The income of the country is the income of all the residents of the country. This give us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population.The average income is also called per capita income.In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US$ 12,056 per annum and above in 2017, are called rich countries and those with per capita income of US$ 955 or less are called low-income countries. India comes in the category of low middle income countries because its per capita income in 2017 was just US$ 1820 per annum. The rich countries, excluding countries of Middle East and certain other small countries, are generally called developed countries.Human Development Report published by UNDP compares countries based on the educational levels of the people, their health status and per capita income.Q. The compares the development of the countries on the basis of literacy rate, gross enrolment ratio and health status of their people.

Read the source given below and answer the questions that follows:For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. The income of the country is the income of all the residents of the country. This give us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population.The average income is also called per capita income.In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US$ 12,056 per annum and above in 2017, are called rich countries and those with per capita income of US$ 955 or less are called low-income countries. India comes in the category of low middle income countries because its per capita income in 2017 was just US$ 1820 per annum. The rich countries, excluding countries of Middle East and certain other small countries, are generally called developed countries.Human Development Report published by UNDP compares countries based on the educational levels of the people, their health status and per capita income.Q. According to the World Development Report 2006, countries with per capital income of ₹4,53,000 per annum and above in 2004 are called

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Difference between UNDP report and world bank report.Why UNDP report is more reliable of the two?
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