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The sanitary and economic shocks caused by the COVID-19 pandemic brought about the most significant disruption in the history of the education sector in Latin America and the Caribbean region, leading to school closures at all levels and affecting over 170 million students throughout the region....
Persistent link: https://www.econbiz.de/10012521845
Human capital is a crucial factor of economic development. As stated in Mongolia's vision 2050, the country has so far relied heavily on its natural resources for development. It puts the human development in the center of its strategy, envisioning that children and youth will be educated at...
Persistent link: https://www.econbiz.de/10012647404
This human capital review assesses human capital outcomes in Mauritania and identifies actions to strengthen, utilize, and protect human capital. The government of Mauritania has demonstrated a strong commitment to placing human capital at the forefront of its long-term vision, with dedicated...
Persistent link: https://www.econbiz.de/10014495427
Persistent link: https://www.econbiz.de/10012645766
The outlook for the global economy has darkened amid elevated trade tensions. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Global growth is projected to moderate from a downwardly revised 3 percent in 2018 to 2.9...
Persistent link: https://www.econbiz.de/10012645863
The World Bank's analysis of cross-country data on human capital indicates that Uganda is underinvesting in the future productivity of its citizens. A child born in Uganda today will onlybe 38 percent as productive when she grows up as she could be if she enjoyed complete education and full...
Persistent link: https://www.econbiz.de/10012646157
Gross domestic product (GDP) growth in Nepal is estimated at 7.1 percent in FY2019, driven mainly by the service and agriculture sectors. The service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an uptick in tourist arrivals...
Persistent link: https://www.econbiz.de/10012646165
The economy is recovering slowly from drought, but Somalia continues to face significant challenges.The Somali economy rebounded in 2018 from the 2016/17 drought.Public finances continued to strengthen in 2018.Credit to the private sector grew rapidly in 2018, and Somalia's financial sector...
Persistent link: https://www.econbiz.de/10012646476
Human capital is a central determinant of economic well-being and social advancement in the modern world economy. The concept of human capital covers the knowledge, skills, nutrition, and health that people accumulate over their lives, enabling them to realize their potential as productive...
Persistent link: https://www.econbiz.de/10012646672
By improving their skills, health, knowledge, and resilience-their human capital-people can be more productive, flexible, and innovative. Human capital is a central driver of sustainable growth and poverty reduction. Investments in human capital have become more important as the nature of work...
Persistent link: https://www.econbiz.de/10012646703