Chapter 5 - Summary of Lim, S. S., et al., “Measuring human capital: A systematic analysis of 195 countries and territories, 1990–2016”

Abstract

This chapter is a summary of the Institute for Health Metrics and Evaluation article describing its human capital index for 195 countries from 1990 to 2016. Its index, called expected human capital, included four equally weighted components: Expected years lived, functional health status, educational attainment, and learning. Expected years lived for each birth cohort was defined as years lived from age 20 to 64; functional health status depended upon seven health conditions; educational attainment was defined as the quantity of education and learning as the quality of education. Rankings for expected human capital and each of its four components were presented for all 195 countries, for high income countries and regional aggregates.