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Survive, Learn, Thrive: Strategic Human Capital Investments toward a more Prosperous and Inclusive Armenia (Inglês)

Human capital - the knowledge, skills, and health that people accumulate over their lives and that enable them to realize their potential as productive members of society - is an important contributor to the wealth of all nations regardless of their income status. Capital formation have negative implications for the economy. The 2013-2014 national competitiveness report of Armenia highlighted that insufficient human capital is a binding constraint to the country’s growth. As an early adopter of the Human Capital Project, Armenia has committed to making catalytic investments to accelerate progress towards increasing the future productivity of Armenian children by reducing their exposure to health and education risks. In this assessment, the Government of Armenia and the World Bank have charted a path from the challenges of today to the desired human capital outcomes of tomorrow as facilitated by the implementation of these catalytic interventions. These investments, designed in accordance with the Armenian context, will fund essential interventions aimed at increasing access to and improving the quality of healthcare, education, social protection, and jobs and at enabling the formation and activation of human capital. Human capital investments can address inequality of opportunity, stabilize demand during economic shocks, smooth consumption, and protect vulnerable groups during structural changes. Decisions taken today regarding investments in healthcare, learning opportunities, social protection, and labor market interventions will determine the ability of Armenian children and youths to compete in the global marketplace of tomorrow.

Detalhes

  • Data do documento

    2020/09/23

  • TIpo de documento

    Report

  • No. do relatório

    149847

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Caucasus,

  • Região

    Europa e Ásia Central,

  • Data de divulgação

    2020/09/23

  • Disclosure Status

    Disclosed

  • Nome do documento

    Survive, Learn, Thrive: Strategic Human Capital Investments toward a more Prosperous and Inclusive Armenia

  • Palavras-chave

    human capital; maternal and child health services; human capital formation; performance-based financing; human capital development; Social Protection; years of schooling; start school; low labor force participation; vocational education and training; fiscal space for health; disability-adjusted life; child social protection; global burden of disease; quality of health services; quality of higher education; high school enrollment rate; survival probability; children and youth; human capital investment; Public Spending; chronic disease; quality of education; social protection program; human capital outcomes; future productivity; household spending; healthy life expectancy; human capital accumulation; improved water source; gap in enrollment; Labor Market; global economy; primary healthcare; export of goods; share of woman; lack of skill; Access to Education; equality of opportunity; performance of student; lack of transparency; development of cognition; high school education; quality health care; measure of use; lack of competitiveness; extreme weather event; chronic health condition; provider payment mechanisms; labor market intervention; mothers with children; inequality of opportunity; social protection sector; lack of money; capital spending plan; high growth rate; skilled health personnel; former soviet union; primarily due; contribution of investment; working age population; access to learning; demand for school; road and bridges; implementation of reform; global financial crisis; social assistance program; access to health-care; level of private; secondary vocational school; general government consumption; return to investment; in economics; debt service commitment; cash transfer program; high poverty rate; quality of healthcare; school feeding program; education and health; efficiency of labor; total factor productivity; supply of teacher; social protection system; access to schooling; citizens in partnership; gap in access; old man; agriculture and industry; quality of care; incentives for households; total gross value; test score

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