Understanding The Measurement of Human Capital and Human Capital Index in the Global Context
Human capital is a relatively new idea. Today, it might appear obvious to us that education enhances the
productivity of the workforce, but the broader concept of human capital only developed during the last quarter of the
twentieth century. The paper can be broadly divided into two sections. The one section is devoted to understanding the
measurement of human capital and to relate the human capital models to reality. The last part of the paper will portray the
global human capital index.
Keywords- Human Capital, Measurement, Approaches, Human Capital Index, Global Scenario.