In a world inundated with bad news, optimists may find hope in a new “human capital” index, which shows that children born in 2018 will grow up better able to meet the challenges of the future than those born in 1980. But despite the overall improvement, wide differences remain between and within the advanced and developing nations. This useful and illuminating report from the World Bank Group can guide leaders, policy makers and economists in setting development strategies.
In this summary, you will learn
- Why “human capital” is important to a nation’s development,
- What tools countries can use to assess their standings, and
- What governments can do to improve human capital.
About the Author
The World Bank provides financial and technical assistance to developing countries.