The Role of Social Protection in Building, Protecting, and Deploying Human Capital in the East Asia and Pacific Region
The objective of this note is to highlight how social protection can help lay the human capital foundations needed for poverty reduction and economic growth in the East Asia and Pacific region while also building, protecting, and deploying the huma...
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/489241605080753164/The-Role-of-Social-Protection-in-Building-Protecting-and-Deploying-Human-Capital-in-the-East-Asia-and-Pacific-Region http://hdl.handle.net/10986/34783 |
| Summary: | The objective of this note is to
highlight how social protection can help lay the human
capital foundations needed for poverty reduction and
economic growth in the East Asia and Pacific region while
also building, protecting, and deploying the human capital
needed to keep up with and take advantage of technological
and demographic developments. The note first introduces the
human capital development challenge in the region in the
context of the World Bank’s Human Capital Project. The note
then discusses social protection policies that relate
directly to the Human Capital Index, a cross-country
indicator of progress on human capital that focuses on the
early and school-age years. The final part of the note
discusses social protection policies relevant to the broader
aim of the Human Capital Project to initiate engagement with
client countries about how human capital can be accumulated,
protected, and deployed throughout the entire lifecycle. The
note considers the potential impacts of the COVID-19
outbreak on human capital, but frames the discussion of
social protection and human capital broadly to identify
implications relevant to the outbreak but also beyond it |
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