Investing in Human Capital for a Resilient Recovery : The Role of Public Finance
This Approach Paper considers the role of public finance to build, protect and utilize human capital as countries seek to recover from the COVID-19 (coronavirus) crisis and lay a foundation for inclusive, resilient and sustainable development. The...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/165301624656507352/Investing-in-Human-Capital-for-a-Resilient-Recovery-The-Role-of-Public-Finance http://hdl.handle.net/10986/35840 |
| Summary: | This Approach Paper considers the role
of public finance to build, protect and utilize human
capital as countries seek to recover from the COVID-19
(coronavirus) crisis and lay a foundation for inclusive,
resilient and sustainable development. The paper defines the
problem in relation to human capital outcomes amid the
COVID-19 crisis and outlines three areas for action: policy
priorities, governance, and fiscal space for building and
utilizing human capital. The paper highlights recent
innovations and illustrates actionable steps for the short
term as well as directions for the longer term, by country
context, with the overarching objective of supporting a
resilient recovery. |
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