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In what respect is the criteria used by the UNDP for measuring development different from the one used by the world bank?
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In what respect is the criteria used by the UNDP for measuring develop...
Criteria used by UNDP for measuring development:
- The UNDP uses the Human Development Index (HDI) which includes indicators such as life expectancy, education, and per capita income.
- HDI focuses on the well-being of individuals and aims to provide a comprehensive view of development beyond just economic growth.
- UNDP's criteria take into account factors such as health, education, and standard of living to measure overall human development.

Criteria used by the World Bank for measuring development:
- The World Bank primarily focuses on economic indicators such as GDP growth, income levels, and poverty rates to measure development.
- The World Bank's criteria emphasize economic growth and financial stability as key components of development.
- World Bank's measures often prioritize economic outcomes over social and human development indicators.

Differences between UNDP and World Bank criteria:
- UNDP's criteria are more holistic and consider a wider range of factors such as health and education in addition to economic indicators.
- The World Bank's criteria are more focused on economic outcomes and financial indicators, without giving as much weight to social and human development aspects.
- UNDP's approach provides a more comprehensive view of development by considering various dimensions of well-being, while the World Bank's approach is more centered on economic performance.
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In what respect is the criteria used by the UNDP for measuring development different from the one used by the world bank?
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