Accounting for cross-country income differences: Two decades of progress
Development accounting is a simple tool with potentially powerful insights. It asks whether the measured differences in inputs between developing and developed countries can account
A Mediterranean Community of Human Capital
Europe’s shrinking workforce is weighing on its productivity and welfare systems. Meanwhile, its southern Mediterranean neighbours currently produce growing numbers of graduates whom domestic labour
From Strategic Investment to Tangible Results: Notable examples from the Human Capital Trust Fund
Two-thirds of the income gap between developed and developing countries can be attributed to disparities in human capital. Yet, budgets for critical human capital investments are
Why do I care about human capital?
Society tells us that our potential for greatness is measured by how hard we work. Irrespective of material advantages, the qualities of discipline, determination, and
A Warning Shot for Human Capital: Evidence of an AI Learning Penalty
Are we missing the big story on what AI means for human capital? I raised this question last year in my closing remarks at our AI
Closing the skills gap: why industry must help lead the way
The global economy is changing at extraordinary speed, and education and training systems are struggling to keep up. Artificial intelligence is transforming jobs almost overnight.
How Can We Equip People to Ride the AI Wave
More than 50 years ago, Nobel laureate Theodore Schultz, a pioneer of human capital theory, offered an insight into what people need to weather the
AI readiness is a policy choice: evidence from 24 overperforming countries
Rwanda has one of the lowest per capita incomes in the world. It also has a dedicated Responsible AI Office, privacy protection laws aligned with
The gender wage gap and what firms have to do with it
Early explanations for gender wage gaps focused on human capital or career choices. This column uses data from the US and ten European countries to
You only live twice: A growth strategy for Ukraine
Between regaining independence in 1991 and the Russian invasion in 2022, Ukraine went from being on par with the more prosperous economies of the former
