Human Capital

In order to realise its full potential for development and prosperity, states must invest their most valuable assets- the citizens. Investing in citizens through quality education, health care and vocational training, among others, is not only key to ending extreme poverty and creating more inclusive societies, but also a vital component of a sustainable economic growth. Alongside its physical capital, a state requires a strong human capital that is effectively adaptable to and prepared for the more highly skilled jobs of the future in a globalised economy.

At GRA, we work with states and provide technical and training services to support their existing and future programs for strengthening human capital in various sectors, from formulation to implementation.

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Theodore Schultz

Although it is obvious that people acquire useful skills and knowledge, it is not obvious that these skills and knowledge are a form of capital, that this capital is in substantial part a product of deliberate investment