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Morocco is one of the countries that need to develop their human capital profile according to the Global Human Capital index. The survey released on Wednesday 13th of September by the World Economic Forum ranks the Kingdom 118th, almost at the bottom of the list that includes 130 other nations.
Morocco scored 49,47 points, getting closer from the end of the ranking, as opposed to last year when it was 98th with 59,65 points. According to the authors of the report the North African country is «making up the lower end of the ratings ahead of Mauritania and Yemen» when it comes to the Middle East and North Africa group.
The Global Human Capital report classifies the 130 countries based on four major thematic dimensions namely : Capacity, Deployment, Development and Know how. According to the collected data, Morocco ranked 106th, 121st, 99th and 108th respectively.
Regionally, the kingdom is topped by a number of neighboring countries such as Egypt (97th), Algeria (112th) and Tunisia (115th). Globally, the ranking is headed by Norway (1st), followed by Finland (2nd), Switzerland (3rd), the USA (4th), and Denmark (5th).
The world is neglecting its talents
On average the world has developed only 62% of its human capital, neglecting 38% of its talents. The survey which is aiming at «preparing people for the future world» believes that «Efforts to fully realize people’s economic potential – in countries at all stages of economic development – are falling short due to ineffective deployment of skills throughout the workforce, development of future skills and adequate promotion of ongoing learning for those already in employment».
Accordingly «these failures to translate investment in education during the formative years into opportunities for higher-quality work during the working lifetime contribute to income inequality by blocking the two pathways to social inclusion, education and work».
