Underinvestment in Human Capital Costs Pakistan 3% of GDP Growth Annually
What happened
The Population Council explored the economic repercussions of demographic trends in South Asia, noting that Pakistan's economic debate often overlooks the potential lost through inadequate investment in its people. The Council found that human development issues, such as health and nutrition, are critical economic factors rather than purely social concerns. Specifically, undernutrition is cited as costing Pakistan approximately 3% of GDP growth annually due to productivity losses.
From pakobserver.net
Why it matters
The report highlights that a child born in Pakistan today is expected to achieve only about 41% of the productivity potential achievable with optimal health and education. This underinvestment represents a direct loss of human capital and national income for the country.
Assessments detail health spending and public services in Pakistan and South Asia, which are experiencing chronic health crises due to underinvestment.
From pakobserver.net
Who's involved
- PakistanThe country facing productivity losses due to human capital underinvestment.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PakistanSpeculative
The country could experience a drain on national income due to productivity losses caused by human capital underinvestment.
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The entities involved
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Pakistan
sovereign state in South Asia
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South Asia
southern region of Asia