Maldives Human Capital Review
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Washington, DC
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This report is undertaken as a part
of the Human Capital Project (HCP), a globalinitiative of
the World Bank Group that aims to increase governments’
awarenessof the importance of investing in people (World
Bank n.d.b). One of the maincomponents of the HCP is a
cross-country metric—the Human Capital Index (HCI). TheHCI
estimates the amount of human capital a child born today can
expect to accumulate by the age of 18, thus highlighting how
current health and education outcomes shape the work
productivity of the next generation. Moreover, given the
cumulative nature of human capital, the HCI has clear
milestones across the entire human life cycle: at birth,
children need to survive; during childhood, they need to be
well-nourished; at school age, they must complete all
schooling and active adequate learning levels; and in
adulthood, they need to stay in good health. Finally, the
HCI includes a result: a score that ranges from 0 to 1. A
country where an average child has virtually no risk of
being stunted or dying before age five, receives
high-quality education, and becomes a healthy adult, would
have an HCI close to 1. Conversely, when the risk of being
ill-nourished or prematurely dying is high, access to
education is limited, and the quality of learning is low,
the HCI would approach zero.
Palabras clave
CLIMATE CHANGE IMPACT, COVID-19 IMPACT, HUMAN CAPITAL ACCUMULATION AND UTILIZATION, INCLUSIVE DEVELOPMENT, LONG-TERM ECONOMIC GROWTH, FOOD SECURITY, ACCESS TO EDUCATION