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Human Capital Development in South Asia

Human Capital Development in South Asia

Human Capital Development in South Asia

Asian Development Bank

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Editorial:
Asian Development Bank
Año de edición:
2017
Materia
Estudios empresariales: general
ISBN:
9789292610388
Páginas:
496
Encuadernación:
Rústica
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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. 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.

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