NATIONAL HUMAN DEVELOPMENT REPORT (NHDR): ‘People are the real wealth of the country’ How rich is Montenegro?

Politicians often tend to repeat “people are the real wealth” of their countries. What does it exactly mean? How is this wealth being accumulated and utilized is still an open issue with explicit practical and political implications. This is also a valid reason for analyzing the issue of human capital in depth in this NHDR - estimating the existing human capital stock, its dynamics in the process of transition (patterns of accumulation and depletion), the institutional aspects of the process and the extent to which both the stock and the mechanisms driving its formation are reflecting the country’s long-term vision and priorities.
Human capital is usually being defined in narrow terms with explicit focus on integration into the labour market, adaptability to economic environment and applicability to employment challenges. From human development perspective, however, this is not appropriate approach, and hereby we would start from a broader definition of human capital, as the integrity of knowledge, skills, values and experience of people that make them more productive, both economically and in terms of achieving non-economic fulfilment.
NHDR will consider the status of human capital in Montenegro (who are we?), the trends in its formation/depletion since the beginning of transition, the institutional mechanisms involved, and it will make recommendations on improving the efficiency of human capital formation and utilization. The analysis and the recommendations will be constructed against the background of the vision of Montenegro in 15-20 years from now and will try to address two questions: 1. Who are we? and 2. Where are we going?.
The NHDR is, for its broader outreach, presented though a TV serial (28 one hour programmes) “I have an attitude (Ja imam stav)” in cooperation with Atlas TV.   

NHDR launch is planned for July 2012.

Corporate thematic area/Relevant cross-cutting themes
Human development / capacity building / human rights /
/ gender /  social inclusion /
  
Project status
Operational

Location
Montenegro

Project duration
January 2009 – December 2012

UNDP Project Officer in charge
NHDR Project Manager   
Ms. Aleksandra Višnjić Bojović
aleksandra.visnjic@undp.org
UNDP Montenegro
Bul. Sv. Petra Cetinjskog 1A
81 000 Podgorica
Montenegro
Tel. +382 20 22 55 33; Fax +382 20 22 55 51

Donors/Major sources of financing
The Kingdom of Norway NOK 1,026,200; UNDP $73.865,28

Partners
N/A

Delivery in previous fiscal years, until January 2012
USD 80,066

Interim results and evaluation reports
n/a