Examination of the current Deprivation of Human Capital Across the Globe
Michelson, Felipe Martinez
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This paper examines the World Wide deprivation of Human Capital. Human Capital as measured in three parameters: Education, Health and Income. The examination takes place using two different but complementing approaches. The first approach calculates the overall level Human Capital deprivation. The Second approach examines the stock of Human Capital on a per country basis. The combined approach determines how deprived the world is and what distribution deprivation follows. It will further show that nearly a third of the world is currently deprived of proper Human Capita. Thereafter it will provide insight on how Education is the most influential factor leading to this deprivation.