The European Human Capital Index

In a landmark study, the Lisbon Council weighs into the current debate surrounding innovation by looking at the way Human Capital is developing in 13 European countries. Based on a methodology devised by Peer Ederer, director of the Human Capital Project, the study predicts major challenges for key European countries – such as Germany and Italy – that do too little to invest in and develop their human capital.

If current trends are not reversed, the study says citizens of Sweden and Ireland (which invest heavily in their human capital) could enjoy a living standard up to twice as high as citizens of Germany and Italy – a trend which would turn the traditional economic hierarchy of Europe on its head. Specifically, the study measures human capital stock, deployment, utilization and evolution in 13 EU countries, and ranks those countries by their ability to develop their human capital to meet the challenge of globalisation. Peer-reviewed  by numerous authorities on generational accounting, this new ranking is expected to make a great contribution to informing policy making and public opinion in years to come.

L’indice du capital humain europeén

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The Economics of Knowledge: Why Education is Key to Success

In a landmark study, the Lisbon Council details the economic and social costs of under-investment in education, skills and life-long learning. Written by world-renowned education specialist Andreas Schleicher, head of the Programme for International Student Assessment (PISA) at the Organisation for Economic Co-Operation and Development (OECD), the study is a timely wake-up call for Europe to step up its efforts in this all-important field.

Not only does Europe under-invest in people at all educational levels – in tertiary (college-level) education Europe spends less than half as much per student as the United States – but many countries have allowed their educational system to block upward mobility and social inclusion. For sure, there are star performers in Europe, such as Finland, but the large European countries, particularly Germany, France and Italy, can no longer count themselves at the forefront of education and skills.

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Jobs of the Future

In a cutting-edge survey, the Lisbon Council together with Accenture, charts a course for the European economy towards the forefront of 21st century global economic developments. The study focuses particularly on the role that high value-added work can play in restoring equilibrium to Europe’s job market, where our researchers estimate that as many as 14 million jobs can be created and sustained in the next decade – provided that regulatory and investment policies are properly conceived and well executed.

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