Human
capital is a relatively new idea. Today, it might appear obvious to us that
education enhances the productivity of the workforce, but the broader concept
of human capital only developed during the last quarter of the twentieth
century. The paper can be broadly divided into two sections. The one section is
devoted to understanding the measurement of human capital and to relate the
human capital models to reality. The last part of the paper will portray the global
human capital index.

&nbsp;

 Keywords: Human Capital,
Measurement, Approaches, Human Capital Index, Global Scenario.

UNDERSTANDING THE MEASUREMENT OF HUMAN CAPITAL AND HUMAN CAPITAL INDEX IN THE GLOBAL CONTEXT

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