Five things to know about the new Human Capital Data Portal

Investing in human capital—the knowledge, skills, and health people accumulate over a lifetime— unlocks a nation’s wealth and the full potential of individuals. Reliable measurement of human capital development is crucial to this effort. From local to global, human capital data provides key insights into effective approaches, guides efficient resource allocation, and strengthens policymakers’ commitment to investing in people, fostering sustainable and inclusive economic growth.

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Realizing a Brighter Future for a Young, Energized, and Connected Africa

The Changing Wealth of Nations

The Changing Wealth of Nations 2021 provides an updated database and rich analysis ofCWON_WebsiteImage-sml-01 the world’s wealth accounts spanning 146 countries, annually from 1995 to 2018. It contains the widest set of assets covered so far, including human capital broken down by gender, as well as many different forms of natural capital, spanning minerals, fossil fuels, forests, mangroves, marine fisheries and more.

Investments in human capital require bold financing actions for a resilient recovery

Inclusive investments in health, early childhood development, learning, and women’s economic 20033631845_d902e0cc95_cempowerment can contribute to an inclusive, resilient, and sustainable recovery.  This was the clear message, focusing on human capital, that the ministers of finance and planning of 81 Human Capital Project HCP countries sent at the last Ministerial Conclave.

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September 21, 2020: COVID-19 response, new research on human capital, and looking ahead to our Annual Meetings

I would like to provide another update on some of the work underway at the World Bank Group wbhq_2 to address the COVID-19 pandemic and other significant development challenges.

The pandemic is hitting developing countries hard, and the inequality of that impact is clear. From declining remittances to the collapse of the formal and informal markets, the pandemic has disproportionately impacted the world’s poorest, especially women and children.  It threatens to push over 100 million people into extreme poverty and is exacerbating inequality throughout the world. The negative impact on health and education may last decades—80 million children are missing out on essential vaccinations and over a billion are out of school.

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Pandemic Threatens Human Capital Gains of the Past Decade, New Report Says

WASHINGTON, Sept. 16, 2020 – The COVID-19 pandemic threatens hard-won gains in jakartahealth and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that people accumulate over their lives—are key to unlocking a child’s potential and to improving economic growth in every country.

The World Bank Group’s 2020 Human Capital Index includes health and education data for 174 countries – covering 98 percent of the world’s population – up to March 2020, providing a pre-pandemic baseline on the health and education of children. The analysis shows that pre-pandemic, most countries had made steady progress in building human capital of children, with the biggest strides made in low-income countries. Despite this progress, and even before the effects of the pandemic, a child born in a typical country could expect to achieve just 56 percent of their potential human capital, relative to a benchmark of complete education and full health.

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Human capital and climate action: Outcomes that deliver for people and planet

There is now a wealth of evidence that ensuring a well-educated, healthy, and well-students_in_primary_seven_at_zanaki_primary_school_in_dar_es_salaam_tanzania_heronourished population can pay bigger dividends to the economy than investing in roads and bridges alone. The World Bank Group’s Human Capital Project, launched in 2018, aims to accelerate more and better investments in people as a key way to unlock greater equity and inclusive growth.

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