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Spotlight 2: The Global Human Capital Report 2017

Updated: Jan 22, 2019


How nations develop their human capital can be a more important determinant of their long-term success than virtually any other factor.


Countries throughout the world are waking up to the fact that a nation’s level of human

capital and talent will increasingly be of strategic importance in attracting investment, ensuring economic growth and improving countries’ overall competitiveness. This is evident

from reports and studies by the World Economic Forum (WEF), the World Bank and the

OECD and publications like the Global Talent Competitiveness Index. As the WEF puts it,

“How nations develop their human capital can be a more important determinant of their

long-term success than virtually any other factor.” It is also interesting to note that five

out of the twelve pillars used to compile the Global Competitiveness Index are directly or

indirectly related to human capital. This emphasis is gaining momentum as the impact of

the 4th Industrial Revolution is playing out. This brief paper analyses the World Economic

Forum’s Global Human Capital Report 2017 with specific implications for South Africa and

with brief proposals on how to improve the situation...


Download paper



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