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Human Capital Project : First Year Annual Progress Report (English)

Human capital is central to the World Bank Group’s efforts to end extreme poverty by 2030 and raise the incomes of the bottom 40 percent of people in each country. The vision of the Human Capital Project is a world in which all children reach their full potential growing up well-nourished and ready to learn, attain real learning in the classroom, and enter the job market as healthy, skilled, and productive adults. According to the Human Capital Index (HCI), nearly 60 percent of children born today will, at best, be only half as productive as they could be if they had complete education and full health. This has profound implications not only for their future income and wellbeing, but also for national economic growth and competitiveness and overall poverty reduction. The Human Capital Project (HCP) is a global response to this. The plan for the future is driven by the political will in several countries to accelerate more and better investments in people for greater equity and economic growth. Well over 60 countries have nowjoined the HCP. This report captures some of what these countries are doing, as well as our efforts, together with other partners, to support them. Crucially, we have been able to elevate the global and national dialogue on human capital and are facilitating the sharing of experience, ideas, and good practices between countries. Many have adopted a more holistic approach to developing human capital, identifying key bottlenecks, and working on high-level strategies to overcome them.




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Human Capital Project : First Year Annual Progress Report (English). Human Capital Project Washington, D.C. : World Bank Group.