Human Capital - Measures, and More

 

Earning a degree is one of life's milestone. But a piece of parchment can never truly convey an individual's full range of talents and abilities. Similarly, economic measures may give only a limited sense of the importance of  human capital and social capital to a society's sense of well being.

    Chapter 7 is mainly about measurement. It looks first at how human and social capital are measured, and at what those measures include and - crucially - what they leave out. It then looks at how some states are supplementing standard economic measures, like GDP, with measures for human, social and other forms of capital to get a broader sense of their economic and social health. Finally, it takes a step back to briefly review again some of the key issues OECD countries are facing in further developing their citizens' human capital.

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To read the conclusion to "Human Capital", click here.

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