Human capital gap weighs on Bangladesh economy
Bangladesh, July 6 -- Bangladesh scored 147 out of 325 in the Human Capital Index Plus (HCI+), ranking below both the South Asian average of 157 and the lower-middle-income country average of 153, according to the World Bank's Human Capital Country Brief, released on Sunday.
The HCI+ measures the knowledge, skills, health, education and work experience people are expected to accumulate over their working lives, reflecting a country's ability to develop productive human capital.
The report identifies human capital as a key driver of long-term economic growth, estimating that every 10-point increase in Bangladesh's HCI+ score could raise future income by around 10 per cent. It also suggests that narrowing the country's human capital gap ...
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