Human Capital and Development

Authored by: Milan Thomas , Nicholas Burnett

Routledge Handbook of International Education and Development

Print publication date:  August  2015
Online publication date:  July  2015

Print ISBN: 9780415747547
eBook ISBN: 9781315797007
Adobe ISBN: 9781317752240


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This chapter reviews theory and evidence on the economics of human capital, with an emphasis on the education aspect of human capital and its impact on economic growth in developing countries. We focus our discussion on development as measured by economic growth (i.e., change in gross domestic product) while recognising that there is a range of other dimensions that human capital accumulation influences, such as social development and health.

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