Mauritius tops Sub-Saharan Africa on Human Capital Index
A positive score on the Education pillar, especially primary and secondary education parameters, keeps the Mauritian flag flying high on the Human Capital Index by the World Economic Forum. (Source: moricienneries.wordpress.com)
Mauritius emerged as the top nation in Sub-Saharan Africa in the Human Capital Index (HCI) report of the World Economic Forum (WEF) for 2013.
Good performances on the performance indices of Education (50), Health and Wellness (45) and Enabling Environment (49) propelled the upper-middle income economy to the top of the index. A lower, 64th position on the Workforce and Employment pillar is due to low levels of labour force participation and a low ranking on the youth unemployment indicator.
The Index measures countries on their ability to develop and deploy healthy, educated and able workers through four distinct pillars: Education; Health and Wellness; Workforce and Employment; and Enabling Environment.
Saadia Zahidi, Senior Director, Head of the Human Capital project at the World Economic Forum, said that the Human Capital Index is a tool for understanding where countries stand today so that government and business can engage in workforce planning for the future.
Apart from Mauritius, which broke into the top 50 world-wide with a rank of 47 among 122 countries, other countries in Sub-Saharan Africa that have achieved fairly good performances are Botswana and Kenya. While they missed the top 50 worldwide with rankings of 79 and 81 respectively, they achieved the 2nd and 3rd position respectively in Sub-Saharan Africa. South Africa fails to make it to the top three in Sub-Saharan Africa but lags not far behind Kenya with an overall ranking of 86 worldwide. Ghana rounds up the top five countries in Sub-Saharan Africa with a world-wide rank of 87, close on South Africa’s heels.
In the rest of the world, Switzerland is ranked number one overall, followed by Finland (2) and Singapore (3). Six of the remaining seven countries in the top 10 are in northern Europe, including Germany (6) and the United Kingdom (8).
Of the emerging economies, China (43) is the highest of the BRICS economies, comprising Brazil, Russia, India, China and South Africa. The Asian economic powerhouse is followed by Russia (51), Brazil (57), India (78) and South Africa (86).
Released last week, the World Economic Forum’s HCI assesses 122 countries by measuring contributors to the development of a healthy, educated and able work force. It is the first such report released by the WEF and is expected to act as an important tool for workforce planning at a country level.
Source: World Economic Forum