Fostering Human Capital in the Gulf Cooperation Council Countries: International development in focus
Autor Sameh El-Saharty, Igor Kheyfets, Christopher Herbst, Mohamed Ihsan Ajwaden Limba Engleză Paperback – iul 2020
The GCC governments have demonstrated their strong political will for this shift: four of them are among the first countries to join the World Bank's Human Capital Project--a global effort to improve investments in people as measured by the Human Capital Index.
The GCC countries face four main challenges:
- Low levels of basic proficiency among schoolchildren
- A mismatch between education and the labor market
- A relatively high rate of adult mortality and morbidity
- A unique labor market, in which wages in the public sector are more generous than in the private sector and government employment of nationals is virtually guaranteed
To address these challenges, this report outlines four strategies in a"whole-of-government+? approach:
- Investing in high-quality early childhood development
- Preparing healthier, better educated, and skilled youth for the future
- Enabling greater adult labor force participation
- Creating an enabling environment for human capital formation
These strategies are based on best practices in other countries and feature some of the GCC countries' plans, including their national "Visions, +? to take their economies and societies further into the twenty-first century.
With the COVID-19 pandemic, the GCC countries face additional challenges that may worsen some preexisting vulnerabilities and erode human capital. In response, the GCC governments have taken multiple measures to protect their populations' health and their economies. Any country's decision to reopen its economy needs to closely consider public health consequences to avoid a resurgence of infections and any further erosion of its human capital. The COVID-19 crisis underscores that the need to accelerate and improve investment in human capital has never been greater.
Once the GCC countries return to a "new normal, +? they will be in a position to achieve diversified and sustainable growth by adopting, and then tailoring, the strategies presented in this report.
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Specificații
ISBN-13: 9781464815829
ISBN-10: 1464815828
Pagini: 124
Dimensiuni: 216 x 279 x 7 mm
Greutate: 0.3 kg
Editura: World Bank Publications
Seria International development in focus
ISBN-10: 1464815828
Pagini: 124
Dimensiuni: 216 x 279 x 7 mm
Greutate: 0.3 kg
Editura: World Bank Publications
Seria International development in focus