Human Capital Formation for the Fourth Industrial Revolution

This chapter focuses on the drivers of human capital development in the fourth industrial revolution by examining the role of women. It discusses the role of women in economic development since 570BC. Women are ignored in most important areas in society whereas men are found at the frontline. However, available empirical analyses suggest that when women are empowered, they are able to turn the tables in their favour. The chapter outlines development role played by selected women across time and uses data from studies to show poor representation of women on international bodies and parliamentary seats. Selected women that have led and continue to lead various countries all over the world are presented. This chapter argues that women are important stakeholders in economic freedom. The chapter suggests encouraging society and men in particular to help women become front line participants in the human capital development for the fourth industrial revolution.