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human capital and economic development Tagged Articles



Effects of education upon health and nutrition: The Indirect Effects of Investment in Human Capital
One indirect effect of expenditure on education may be its effects on health. Within developing countries, the children of educated parents face lower risks of premature death.

Effects of health on child schooling and cognitive development: The Indirect Effects of Investment in Human Capital
In sections 2 and 3 education and health were treated as separate components of human capital. Here the possible linkages between them are discussed. Expenditures on education may affect health and parental education may benefit children. Health expenditures may themselves affect the value of education. These links are important for understanding the potential range of benefits which accrue to expenditures on human capital.

Rates of Return: The Effects of Human Capital on Economic Development
By what criterion should an investment policy be judged? One important criterion is the rate of return on investment. What is meant by the rate of return on the investment and why is such a figure important?

Human and Physical Capital: The Effects of Human Capital on Economic Development
Human capital is a broad concept which identifies human characteristics which can be acquired and which increase income. It is commonly taken to include peoples’ knowledge and skills, acquired partly through education, but can also include their strength and vitality, which are dependent on their health and nutrition.

Introduction: Human Capital and Economic Development
Health and education are both components of human capital and contributors to human welfare. One index of human welfare, which incorporates income, education and health, shows that Africa’s level of ‘human development’ is the lowest of any region in the world.

Other human capital and economic development Related Articles

Corporate leadership in global development
Poverty continues to be one of the main challenges facing the countries that will be home to 85% of the world's population in the decades to come. Today some 2.7 billion people worldwide continue to subsist on less than US$2 per day. The challenge facing the global community is to eradicate extreme poverty and to foster broad based economic development that benefits all while preserving the world’s ecosystems. Business is a core human activity, and it has a key role to play in bringing about sustainable development.

Conclusions - Promoting Growth in Sub-Saharan Africa: Learning What Works
Both domestic and external factors contributed to sub-Saharan Africa's poor overall economic performance in the 1980s and early 1990s. Key constraints to growth included inappropriate economic policies, inadequate human capital development, and low levels of private investment. But for the first time in a generation, there is evidence of economic progress in an increasing number of countries in the region.

Introduction: Human Capital and Economic Development
Health and education are both components of human capital and contributors to human welfare. One index of human welfare, which incorporates income, education and health, shows that Africa’s level of ‘human development’ is the lowest of any region in the world.

The concept of development: Africa’s human development
The concept of human development centres around the notion that human welfare depends on various dimensions, many of which are not well captured by conventional measures of economic income.

Variation within the continent: Africa’s human development
Although it can be useful to consider Africa as a whole, there is considerable variation in human and economic development within the continent.

Prospects of Human Capital in the Future: Background
Future prospects of human capital development can be seen from the current trends in education among the children as well as the training efforts made in enterprises.

HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
One of the characteristics of rich industrial economies is the availability of a workforce with a high level of human capital. Whether human capital has been the key driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long time series trends in educational attainment and economic growth during the last century indicate that HRD and economic prosperity went hand in hand10. Some developing countries followed similar trends in human capital and economic growth. What was distinctive about these developing countries is that they appeared to have realised large economic benefits in attracting MNEs into host economies, and have thus mobilised inward FDI to attain rapid economic growth.

Introduction: Fiscal Dimensions of Sustainable Development
One of the challenges facing the international community is to achieve sustainable development. Sustainable development has three pillars— economic development, social development, and environmental protection.

7.6 ILO Convention No. 142 and Recommendation No. 150
The International Labour Convention No.142 and Recommendation No. 150 concerning Human Resources Development, which deal with vocational guidance and vocational training in the development of human resources, are the key ILO policy statements on VET.

African Technology Development
Economic Development of Africa is an international concept, based on large amounts of donor and aid capital being used to fund development projects. The goal of this is eventually to improve the living conditions of the poor as much as possible, and to ensure that this improvement is sustainable. The correct application of this concept causes great debate, and it is continuously refined and revised both physically and academically. In light of the above, I want to give some insight from within Africa.

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