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4d ago

The World Bank primarily classifies countries based on their gross national income (GNI) per capita. However, this criterion does not capture other important aspects such as income distribution, access to basic services, and overall well-being of the population. Additionally, using GNI per capita alone can oversimplify the complex economic and social realities of countries.

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Q: What is the main criteria used by the world bank in classify countries and what are its limitations?
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What is the main criterion used by the world bank in classifying different countries.what are the limitations of this criterion?

what is the main criteria used by the world bank in classifying different countries.what are the limitations of these criteria.


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