The World Bank and the United Nations Development Program

Shows the major differences between the World Bank and the UNDP, with the former more concerned with economic issues than socio-cultural ones.

For fifty years international organizations have focused on accelerating development in the lesser-developed countries. Two of these organizations, the World Bank and the United Nations Development Program recently released comprehensive overviews of their programs and prospects for development. These reports illustrate the UNDP’s emphasis on socio-cultural factors and the World Bank’s focus on economic issues. These are two distinctly different interpretations of development.