Investment in human capital usually comes on top of the priority agenda of policymakers, as it is key to building societies and the main core for sustainable development. It is essential to close the skills gap by investing in education and training, thus, people will acquire the skills needed to find decent jobs and contribute to their communities. This will help reduce poverty and inequality, and promote economic growth, as well. The Egyptian State is committed to the development of a qualified human caliber capable of leading the development process as per the 2014 Egyptian Constitution; the Sustainable Development Strategy: Egypt’s Vision 2030, issued in 2016; and the Government’s Action Plan (2018/2019-2021/2022). In this context, the paper focuses on the key issues of investment in human capital as a means to achieve sustainable development in Egypt. It discusses the status of human development in Egypt and the relevant indicators of accessibility, quality, and competitiveness of health and education systems. It reviews the relevant strategic vision of Egypt and discusses the current challenges. Finally, it recommends policies to move forward in a way that would translate into improved performance of the Egyptian economy and its potential to achieve sustainable development. The analysis reveals that Egypt has made great strides in sustainable development in recent years in terms of the accessibility to basic health and education services, however, furthering the quality and competitiveness of these services remains one of the main challenges reflecting the lack of funding. In addition, issues relating to the unequal distribution of human development opportunities based on gender, geographic area, and income level, are critical, especially with the rapid technological advancement and its implications on the labor market and the future of work.
El Husseiny, I. A. (2023). Investment in Human Capital as an Approach to Egypt's Sustainable Development: Reality, Challenges and Future Policies. The International Journal of Public Policies in Egypt (IJPPE), 2(1), 12-65. doi: 10.21608/ijppe.2023.283098
MLA
Israa A. El Husseiny. "Investment in Human Capital as an Approach to Egypt's Sustainable Development: Reality, Challenges and Future Policies", The International Journal of Public Policies in Egypt (IJPPE), 2, 1, 2023, 12-65. doi: 10.21608/ijppe.2023.283098
HARVARD
El Husseiny, I. A. (2023). 'Investment in Human Capital as an Approach to Egypt's Sustainable Development: Reality, Challenges and Future Policies', The International Journal of Public Policies in Egypt (IJPPE), 2(1), pp. 12-65. doi: 10.21608/ijppe.2023.283098
VANCOUVER
El Husseiny, I. A. Investment in Human Capital as an Approach to Egypt's Sustainable Development: Reality, Challenges and Future Policies. The International Journal of Public Policies in Egypt (IJPPE), 2023; 2(1): 12-65. doi: 10.21608/ijppe.2023.283098
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