Investing in Human Capital for a Resilient Recovery : The Role of Public Finance
This approach paper considers the role of public finance to build, protect and utilize human capital as countries seek to recover from the Coronavirus disease 2019 (COVID-19) crisis and lay a foundation for inclusive, resilient and sustainable deve...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/165301624656507352/Investing-in-Human-Capital-for-a-Resilient-Recovery-The-Role-of-Public-Finance http://hdl.handle.net/10986/36062 |
| Summary: | This approach paper considers the role
of public finance to build, protect and utilize human
capital as countries seek to recover from the Coronavirus
disease 2019 (COVID-19) crisis and lay a foundation for
inclusive, resilient and sustainable development. The paper
defines the problem in relation to human capital outcomes
amid the COVID-19 crisis and outlines three areas for
action: policy priorities, governance, and fiscal space for
building and utilizing human capital. The paper highlights
recent innovations and illustrates actionable steps for the
short term as well as directions for the longer term, by
country context, with the overarching objective of
supporting a resilient recovery. |
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