How Important are Education, Human Capital and Knowledge for Economic Growth and Development?: How have these factors been incorporated into endogenous growth models? - Couverture souple

Frei, Michael

9783656472421: How Important are Education, Human Capital and Knowledge for Economic Growth and Development?: How have these factors been incorporated into endogenous growth models?

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ISBN 10 : 3656472424 ISBN 13 : 9783656472421

Editeur : Grin Publishing, 2013

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�diteur: Grin Publishing
Date d'�dition: 2013
Langue: anglais
ISBN 10: 3656472424
ISBN 13: 9783656472421
Reliure: Broch�
Nombre de pages: 12
Coordonn�es du fabricant: non disponible
Personne responsable: non disponible

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How Important are Education, Human Capital and Knowledge for Economic Growth and Development? : How have these factors been incorporated into endogenous growth models?

Michael Frei

Edit� par GRIN Verlag, 2013

ISBN 10 : 3656472424 ISBN 13 : 9783656472421

Neuf Taschenbuch

Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne

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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - Essay from the year 2009 in the subject Economics - Economic Cycle and Growth, grade: 31 von 31, Free University of Bozen-Bolzano (School of Economics and Management), language: English, abstract: In his speech at the Inaugural Convention of the African Federation of Human Resource Management Association in Botswana, Professor David Abulai (2008) stated that quality and quantity of human capital is becoming increasingly evident for the economic development of nations in today's knowledge era. In fact the world of today is influenced by steady technological and scientific progress; by means of these new developments the socio-economic conditions in which people live are increasingly improving. Nevertheless a big part of the world is still lagging behind and social and economic distinctions still exist and developing countries are trying to catch up. Professor Abulai (2008) argued that the key to this catching up in development is the population itself, which has to be educated, healthy and qualified in order to deal with new scientific and technological inventions and to exploit this new opportunities in the best possible way. The aim of this paper will be in the first part to analyze the impact of education, human capital and knowledge for economic growth and development. In the second part of this paper the incorporation of human capital into endogenous growth models will be examined, focusing on the two main branches of growth analysis pioneered by Romer (1990) and Lucas (1988). N� de r�f. du vendeur 9783656472421

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