The United States averages 23 years of expected human capital, measured as the number of years a person can be expected to work in the years of peak productivity. (Photo: Shutterstock)
There are some lists where you want to be in first place, and some where you don't. When it comes to ranking human capital, the United States is definitely going in the wrong direction—from 6th place down to 27th. China on the other hand, is going the other way, having risen from 69th to 44th place.
That's according to the results of a new first-of-its-kind scientific study that ranked countries for their levels of human capital. The study “Measuring human capital: A systematic analysis of 195 countries and territories, 1990 to 2016,” which was published in medical journal The Lancet, placed the U.S. one spot down from Australia and just above the Czech Republic for its investments in health care and education as measurements of its commitment to economic growth.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
