Human Capital Development in South Asia : Achievements, Prospects, and Policy Challenges

✍ Scribed by Asian Development Bank

Publisher: Asian Development Bank Institute
Year: 2017
Tongue: English
Leaves: 154
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Human capital is an important factor for economic growth in South Asia. Between 1981 and 2010, human capital contributed about 22% of annual gross domestic product per worker growth in India. During the same period, it contributed around 21% in Bangladesh, and 16% in Sri Lanka. However, education and skills remain the binding constraint. Raising the quality of education and skills in South Asia's workforce can play a critical role in catching up to the level of development of the People's Republic of China, the Republic of Korea, and other successful Southeast Asian economies. This study reviews the development of human capital in South Asia and analyzes contributing factors to human development including policies and strategies that countries in South Asia follow.

✦ Subjects

Human capital-South Asia.

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