The paper reviews some national initiatives related to measuring the stock of human capital, indentifies some challenges to be addressed to improve the quality of existing monetary measures of human capital, and suggests developing experimental satellite accounts for education to better...

The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...