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Human Capital: How what you know shapes your life by Brian Keeley

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1. Introduction: Investing for Change

Today’s children are growing up in a changing world. Globalisation isopening up economies and creating opportunities. Economicfoundations have shifted, too, with the rise of the knowledge economy.Coupled with major social change, such as the ageing of populations,societies must fi nd solutions to new challenges.

By way of introduction...

The Paris suburb of Villiers-le-Bel is an uninspiring place on a cold, winter afternoon. Blocks of look-alike apartments line up in long rows. A discount store stands deserted on a street corner. Groups of young men hang around the community centre.

Just a few months earlier, youths like these had taken to the streets of Paris’s suburbs. Thousands of cars were burned ...

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