Maximizing Returns on Human Capital Investment in Mongolia : Policy Note for Mongolia
Human capital is a crucial factor of economic development. As stated in Mongolia’s vision 2050, the country has so far relied heavily on its natural resources for development. It puts the human development in the center of its strategy, envisioning...
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| Format: | Policy Note |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/157061595999932509/Maximizing-Returns-on-Human-Capital-Investment-in-Mongolia http://hdl.handle.net/10986/34270 |
| Summary: | Human capital is a crucial factor of
economic development. As stated in Mongolia’s vision 2050,
the country has so far relied heavily on its natural
resources for development. It puts the human development in
the center of its strategy, envisioning that children and
youth will be educated at world-class standards, adopt
active lifestyle, benefit from life-sustaining social
protection services, science, and technology. Only by
investing in human capital and innovation can Mongolia
achieve more sustainable and stable economic growth. This
policy note presents key policy options for the new
government of Mongolia to protect and maximize the human
potential and its contribution to equitable growth. |
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