Prospects of Human Capital in the Future: Background
Prospects of Human Capital in the Future: Background
trends in education among the children as well as the training efforts made in
enterprises. Table II.7 shows net primary school enrolment ratios, among primary schoolaged
children in developing countries. It indicates that primary school enrolment in
developing countries, on average, is well behind that of developed countries. This
appears to be due to a few developing regions that show extremely poor performance,
such as Central Asia and SSA. On the other hand, both the LAC and EAP regions show
an impressive performance that is comparable to the developed countries. This regional
disparity poses a big challenge to the less performing developing regions with a high
number of undereducated children lowering the average level of human capital among
the working-age population.
To see how developing countries are doing to foster a higher skilled workforce,
Table II.8 examines entry rates in post-basic schooling (i.e. upper-secondary and
tertiary) for selected developing countries. Similar to the trends found in educational
attainment in basic schooling (Table II.6), Table II.8 indicates that both the LAC and SEAsia
regions have high average enrolment rates of 74 and 67 per cent (upper-secondary)
and 31 and 25 per cent (tertiary), respectively. Intraregional disparities in entry rates
remain large, with low-performing countries such as Paraguay and Indonesia lagging
behind high-performing countries such as Argentina and Malaysia.
While numerous sources of cross-country data on formal education exist, crosscountry
evidence on vocational training within the enterprises is rather limited9. A rare
example is the World Bank’s World Business Environment Survey, which covers vast
regions of the world including OECD countries, Latin America, and East Asia. The survey
shows that approximately 60 per cent of firms in both the East Asian and Latin American
regions conducted some formal training in the year 2000 (Batra and Tan, 2002; Batra,
2003). There are, however, large intraregional disparities in training. In the East Asian
region, large training incidences exist between high training countries such as Singapore
(76 per cent), Philippines (76 per cent), China (65 per cent) and low training countries
such as Indonesia (46 per cent) and Malaysia (29 per cent).
Summary
To sum up, trends show that educational attainment among the adult population
has steadily increased over the past three decades. However, cross-regional and intraregional
disparities remain a disturbing issue with the African region consistently lagging
behind other developing regions. Future prospects of educational attainment among the
adult population are bright for countries in some areas of the developing world including LAC
and SE-Asia. However, the present state of school participation in the African region shows
limited prospects for future growth in human capital. Evidence on enterprise training is fairly
consistent with these trends in formal education with large cross-country disparities.
OECD DEVELOPMENT CENTRE
Working Paper No. 211
HUMAN CAPITAL FORMATION
AND FOREIGN DIRECT INVESTMENT
IN DEVELOPING COUNTRIES
by
Koji Miyamoto
Prospects of Human Capital in the Future Background - To learn more about this author, visit OECD Development Centre's Website.
Like this article? Share it with your friends
Future prospects of human capital development can be seen from the current
trends in education among the children as well as the training efforts made in
enterprises. Table II.7 shows net primary school enrolment ratios, among primary schoolaged
children in developing countries. It indicates that primary school enrolment in
developing countries, on average, is well behind that of developed countries. This
appears to be due to a few developing regions that show extremely poor performance,
such as Central Asia and SSA. On the other hand, both the LAC and EAP regions show
an impressive performance that is comparable to the developed countries. This regional
disparity poses a big challenge to the less performing developing regions with a high
number of undereducated children lowering the average level of human capital among
the working-age population.
To see how developing countries are doing to foster a higher skilled workforce,
Table II.8 examines entry rates in post-basic schooling (i.e. upper-secondary and
tertiary) for selected developing countries. Similar to the trends found in educational
attainment in basic schooling (Table II.6), Table II.8 indicates that both the LAC and SEAsia
regions have high average enrolment rates of 74 and 67 per cent (upper-secondary)
and 31 and 25 per cent (tertiary), respectively. Intraregional disparities in entry rates
remain large, with low-performing countries such as Paraguay and Indonesia lagging
behind high-performing countries such as Argentina and Malaysia.
While numerous sources of cross-country data on formal education exist, crosscountry
evidence on vocational training within the enterprises is rather limited9. A rare
example is the World Bank’s World Business Environment Survey, which covers vast
regions of the world including OECD countries, Latin America, and East Asia. The survey
shows that approximately 60 per cent of firms in both the East Asian and Latin American
regions conducted some formal training in the year 2000 (Batra and Tan, 2002; Batra,
2003). There are, however, large intraregional disparities in training. In the East Asian
region, large training incidences exist between high training countries such as Singapore
(76 per cent), Philippines (76 per cent), China (65 per cent) and low training countries
such as Indonesia (46 per cent) and Malaysia (29 per cent).
Summary
To sum up, trends show that educational attainment among the adult population
has steadily increased over the past three decades. However, cross-regional and intraregional
disparities remain a disturbing issue with the African region consistently lagging
behind other developing regions. Future prospects of educational attainment among the
adult population are bright for countries in some areas of the developing world including LAC
and SE-Asia. However, the present state of school participation in the African region shows
limited prospects for future growth in human capital. Evidence on enterprise training is fairly
consistent with these trends in formal education with large cross-country disparities.
OECD DEVELOPMENT CENTRE
Working Paper No. 211
HUMAN CAPITAL FORMATION
AND FOREIGN DIRECT INVESTMENT
IN DEVELOPING COUNTRIES
by
Koji Miyamoto
Prospects of Human Capital in the Future Background - To learn more about this author, visit OECD Development Centre's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to OECD's articles
 | |
|
|  |
 | |
|
| |
 | ||
 |
||
|
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
 |
 Federal and State Laws Increasing Coaching Effectiveness Dismiss a Franchise Webinar Plan Serenity Cards |
|
 | ||
 |
Top 50 Blogs For Startups
Top Blogs To Watch In 2008 | |
 |
Top 50 Raising Capital Blogs
Top Blogs To Watch In 2008 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||||
| ||||||||||||
|
|
||||||||||||