Leave us a message

World Bank releases ranking of countries based on measure of 'human capital'

News

  • News
  • 11 Oct 2018
    • Share

World Bank Releases Ranking of Countries Based on Investments In 'Human Capital', Including Health and Education

The World Bank wants to trigger a flurry in investments in health and education after releasing a ranking of countries based on measures of “human capital” - including childhood mortality and years in schooling. The classification, unveiled at the World Bank and IMF’s annual meetings in Indonesia, aims to spur a wide-ranging change in policies, particularly across the developing world, to reflect a growing belief by the organisation that investments in people should be given more weight compared to investments in infrastructure as drivers of economic growth. “This is a tool for everyone, but it is a tool especially for heads of state and ministers of finance so they know exactly where they stand compared to everyone else,” World Bank President, Jim Yong Kim, told reporters. 

Posted by

The Financial Times