Global Human Capital: Regional, Income and Cultural Differences

Global Human capital (GHC) raise is goal of every nation. It is the outcome of factors such as knowledge and skills people possess that enables them to create value in the global economic system. This research probes whether the scores of human capital, provided by the Global Human Capital Reports from World Economic Forum, is same among the continent-regions on average, high income earning nations have more human capital formation and hence depicting high GHC index on one hand and whether the scores of human capital differ among the different cultural models based on the five dimensions proposed by Hofstede's on the other hand. Further the research suggests how best the countries of low human capital should strive for economic development, create employment opportunities and boosting their income and hence the nations can spend more on education and training to maximize employability skills and more people really become a part of the GHC and transform their cultures by adopting best practices to reach the highest global human capital.