"Singapore tops World Bank 'human capital' rankings based on health, education
NUSA DUA, Indonesia: Singapore topped the World Bank Group's newest index which ranks 157 countries based on the productivity of the next generation's workers.
The bank's Human Capital Index was released on Thursday (Oct 11) at the World Bank and International Monetary Fund annual meetings on Indonesia's Bali island.
The rankings, based on health, education and survivability measures, assess the future productivity and earnings potential for citizens of the World Bank's member nations, and ultimately those countries' potential economic growth.
Singapore had an index standing at 0.88 followed by South Korea, Japan and Hong Kong. China was placed 46th, Malaysia at the 55th spot and Thailand at 65th.
Chad, South Sudan and Niger took the lowest three spots.
"By paying sustained attention to human development, Singapore is now among the world’s highest performers on learning and in the Human Capital Index," said the report.
The bank has warned that a wave of automation and artificial intelligence will eliminate many low-skilled jobs in coming years, making it harder for people with low levels of education and poor health to compete for work."
A few days back Oxfam said in one of it's report that Sgp ranked last 10 of 150+ countries in Efforts to Reduce Inequality using 3 key factors of: low taxes, low spending on health n education n social welfare, etc.
Now World Bank, which obviously has more prestige, said Sgp is No. 1 in education n healthcare among 1 ie 2 other factors.
Who is right?
I think men n women in the streets don't really care though they definitely will b able to say: as long as i m doing ok, it is ok. If not, whatever reports or surveys that said i m doing well is just rubbish.
Maybe we can just do a straw poll of the men n women in the streets all over Sgp n taking in at least 100k samples?
NUSA DUA, Indonesia: Singapore topped the World Bank Group's newest index which ranks 157 countries based on the productivity of the next generation's workers.
The bank's Human Capital Index was released on Thursday (Oct 11) at the World Bank and International Monetary Fund annual meetings on Indonesia's Bali island.
The rankings, based on health, education and survivability measures, assess the future productivity and earnings potential for citizens of the World Bank's member nations, and ultimately those countries' potential economic growth.
Singapore had an index standing at 0.88 followed by South Korea, Japan and Hong Kong. China was placed 46th, Malaysia at the 55th spot and Thailand at 65th.
Chad, South Sudan and Niger took the lowest three spots.
"By paying sustained attention to human development, Singapore is now among the world’s highest performers on learning and in the Human Capital Index," said the report.
The bank has warned that a wave of automation and artificial intelligence will eliminate many low-skilled jobs in coming years, making it harder for people with low levels of education and poor health to compete for work."
A few days back Oxfam said in one of it's report that Sgp ranked last 10 of 150+ countries in Efforts to Reduce Inequality using 3 key factors of: low taxes, low spending on health n education n social welfare, etc.
Now World Bank, which obviously has more prestige, said Sgp is No. 1 in education n healthcare among 1 ie 2 other factors.
Who is right?
I think men n women in the streets don't really care though they definitely will b able to say: as long as i m doing ok, it is ok. If not, whatever reports or surveys that said i m doing well is just rubbish.
Maybe we can just do a straw poll of the men n women in the streets all over Sgp n taking in at least 100k samples?
No comments:
Post a Comment