Human Capital Development in South Asia PDF Download

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292610392
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
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.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292571621
Category : Education
Languages : en
Pages : 225

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Book Description
This report was prepared with the primary objective of drawing insights on how Asian economic giants India and the People's Republic of China leveraged education and skills development to advance economic growth. The analysis presented similarities and differences in human capital development strategies and their outcomes that helped define development pathways between the two countries. It also outlined the prospects for human capital development in the sustainability of the two countries' economic growth. The report was completed in 2014 under the Development Partnership Program for South Asia: Innovative Strategies for Accelerated Human Resource Development in South Asia (TA-6337 REG).

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929261035X
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
South Asia remains one of the fastest-growing regions in the world but concerns are rising that its workforce lacks the skills and education to drive its economy into the 21st century. Providing access to quality education and skills training is now a priority of policymakers in the region. But even though government spending on education has increased significantly in recent years, it has not resulted in effective education outcomes. This report is one in a series of four publications that examines how education and training systems in the region can be improved. In particular, it looks at the role that the private sector can play in improving standards through investments in education and training.

Author: Loong-Hoe Tan
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812300188
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The East Asian countries have been relatively more advanced than other developing countries in the field of human capital development. Even in the 1960s they managed to attain higher levels of human capital compared with other low- and middle-level economies in the developing world. This volume examines the role of human capital formation in the rapid growth of the East Asian economies. Apart from the formal education variable, other factors such as better health care of the labour force, nutritional status of the population, and on-the-job training are important concerns that were not given sufficient attention in the 1993 World Bank study The East Asian Miracle. This present volume offers many insights of interest to policy-makers and specialists with regard to developing (and transitional) economies.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292544225
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
This publication highlights priorities and strategies in meeting current and emerging needs for skills development in South Asia. The report is in line with the Asian Development Bank's effort to support its developing member countries' priorities toward global competitiveness, increased productivity, and inclusive growth. It also identifies key issues, constraints and areas of improvement in making skills training more responsive to emerging labor market needs in South Asia as an important factor in sustaining high economic growth. The report was completed in 2012 under the Australian AID-supported Phase 1 of Subproject 11 (Innovative Strategies for Accelerated Human Resource Development) of RETA 6337 (Development Partnership Program for South Asia).

Author: Harsha Aturupane
Publisher: World Bank Publications
ISBN: 1464817189
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
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 members of society. Because of the vital importance of human capital for economic growth, the World Bank has launched the Human Capital Project (HCP), which includes the Human Capital Index (HCI). The objective of the HCP is to accelerate human capital development around the world. The HCI is a cross-country metric designed to measure and forecast a country’s human capital. Sri Lanka is a lower-middle-income country seeking to become an upper-middle-income country. Developing human capital to a new and higher level will be central to achieving this development goal. After the country’s 26-year secessionist conflict ended in 2009, Sri Lanka’s economy enjoyed rapid growth at an average rate of almost 6 percent between 2010 and 2017, reflecting a peace dividend and a determined policy thrust toward reconstruction and growth. However, in more recent years there have been signs of a slowdown. The economy is transitioning from a predominantly rural economy to a more urbanized one. In the context of the HCP and the HCI, Sri Lanka Human Capital Development analyzes the main achievements and challenges of human capital development in this East Asia and Pacific island country in health and nutrition—including stunting—and in education—including the challenges posed by Sri Lankans’ low participation in higher education. The report concludes with a look at the importance of building a consensus among the public and other stakeholders to launch an ambitious human capital development program in Sri Lanka.

Author: Sajitha Bashir
Publisher: World Bank Publications
ISBN: 1464817200
Category : Technology & Engineering
Languages : en
Pages : 234

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Book Description
South Asia is heavily impacted by the devastating loss of lives and human capital from the COVID-19 pandemic and the converging technology revolution sweeping the globe. The Converging Technology Revolution and Human Capital: Potential and Implications for South Asia looks at how the region could capitalize on these technologies to accelerate its development of human capital and promote adaptability and resilience to future shocks. The convergence of technological breakthroughs spanning biotechnology, nanotechnology, information technology, and cognitive science is driven by artificial intelligence, data flows, computing power, and connectivity. These breakthroughs can improve service delivery, productivity, and innovation, but they can also exacerbate inequalities and eliminate people’s agency and empowerment. This report analyzes these trends in the region, offering a comprehensive agenda to exploit the opportunities offered by converging technologies while minimizing the risks to vulnerable populations. It proposes strategies for building public sector capacity and promoting data and technology governance frameworks in a rapidly evolving technology landscape.

Author: Brajesh Panth
Publisher: Springer Nature
ISBN: 9811570183
Category : Education
Languages : en
Pages : 351

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Book Description
This open access book analyzes the main drivers that are influencing the dramatic evolution of work in Asia and the Pacific and identifies the implications for education and training in the region. It also assesses how education and training philosophies, curricula, and pedagogy can be reshaped to produce workers with the skills required to meet the emerging demands of the Fourth Industrial Revolution. The book’s 40 articles cover a wide range of topics and reflect the diverse perspectives of the eminent policy makers, practitioners, and researchers who authored them. To maximize its potential impact, this Springer-Asian Development Bank co-publication has been made available as open access.

Author: Asian Development Bank
Publisher:
ISBN: 9789292610340
Category : Social Science
Languages : en
Pages : 172

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Book Description
This publication looks how private sector investments in education and training can help improve standards, with a special focus on Bangladesh, Nepal, and Sri Lanka. South Asia remains one of the fastest-growing regions in the world but concerns are rising that its workforce lacks the skills and education to drive its economy into the 21st century. Providing access to quality education and skills training is now a priority of policymakers in the region. But even though government spending on education has increased significantly in recent years, it has not resulted in effective education outcomes. This report is one in a series of four publications that examines how education and training systems in the region can be improved.

Author: Ju-Ho Lee
Publisher: Edward Elgar Publishing
ISBN: 1786436973
Category :
Languages : en
Pages : 328

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Book Description
During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.