MNA Business Desk: The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an effort to prod governments to invest more effectively in education and healthcare, reported news agency.
The bank’s “Human Capital Index,” showed Bangladesh ahead of India and Pakistan, but one neighbour in South Asia shines brighter — Sri Lanka.
Poor African countries fared the worst in the rankings, with Chad and South Sudan taking the two lowest spots, while Singapore topped the list, followed by South Korea, Japan and Hong Kong.
The rankings, based on health, education and survivability measures, assess the future productivity and earnings potential for citizens of 157 of the World Bank’s member nations, and ultimately those countries’ potential economic growth.