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Trends in Human Capital Formation in Developing Countries: Background
The level of human capital in developing countries has on average improved over the past three decades, owing to enhanced government commitments in formal education and vocational training as well as increased incentives of firms to provide enterprise training.
1.5 Skills development for sustainable livelihoods: Working Out of Poverty
We all know skills are essential to improve productivity, incomes and access to employment opportunities. Yet a striking feature of most poverty reduction strategies is the absence of vocational education and training – even though the vast majority of working people living in poverty cannot afford and have no access to training opportunities. The ILO is working with its constituents and others to rethink human resource development policies.

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