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The empirical literature on the contributions of human capital
investments to economic growth shows mixed results. While evidence
from OECD countries demonstrates that human capital accumulation is
associated with growth accelerations, the substantial efforts of
developing countries to improve access to and quality of education,
as a means for skill accumulation, did not translate into higher
income per capita. In this Element, we propose a framework,
building on the principles of 'growth diagnostics', to enable
practitioners to determine whether human capital investments are a
priority for a country's growth strategy. We then discuss and
exemplify different tests to diagnose human capital in a place,
drawing on the Harvard Growth Lab's experience in different
development context, and discuss various policy options to address
skill shortages.
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Nadine Gordimer
Paperback
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R383
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Discovery Miles 3 100
Not available
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