JSF Report Links Human Capital Development To Long-Term Economic Growth

Amman, May 17 (Petrea) -- Investing in human capital development could boost Jordan's long-term economic productivity and projected national income by 10.3%, according to a policy paper released by the Jordan Strategy Forum (JSF) on Sunday.

The policy paper, titled "Human Capital: The Goal and Tool for Inclusive Growth and Sustainable Development," evaluates the country's workforce capabilities as a primary driver for enhancing the competitiveness of the national economy and supporting sustainable development.

The JSF study reviewed Jordan's performance on the Developed Human Capital Index between 2015 and 2025, noting a marked improvement in indicators between 2015 and 2020.

The research focused on four core pillars: investment in education, healthcare, on-the-job training, and employment. According to the forum's econometric models, increasing the expected years of schooling for students in Jordan from 11.6 years to 13 years would expand aggregate labor productivity and drive the 10.3% long-term increase in projected income.

In the healthcare sector, the paper found that Jordan performed well, scoring close to top-tier Arab nations and near global benchmarks. The data indicate that Jordan's existing medical infrastructure yields positive public health outcomes, according to the report.

The economic think tank emphasized the importance of building on these healthcare achievements. The forum recommended strengthening the efficiency of preventative healthcare measures, specifically in maternal and child health, public nutrition, and early disease detection, to optimize human capital accumulation from early childhood.

//Petra// AF

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