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date: 18 November 2019

Abstract and Keywords

This chapter shows that nearly all Pacific Rim countries have experienced significant increases in their human capital, measured by levels of educational attainment. Progress has been especially impressive among younger women who are likely to become more educated than men in a majority of countries in the Pacific Rim. However, convergence to the levels of education of high human-capital countries (United States, Singapore, Japan, Australia, Canada, South Korea) has not yet been achieved by all countries and some will require a few more decades of education growth to overcome their handicap due to the momentum of educational development, e.g., Vietnam or El Salvador. We adopt a demographic perspective on human capital and its link with demography, particularly in terms of age structure, e.g., working-age population, dependency ratios.

Keywords: human capital, Pacific Rim, educational attainment, younger women, educational development, demography, working-age population, dependency ratios

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