In the rapidly changing atmosphere of the global economy, productivity has become a very important concept for long-term economic growth, development, regional and global competitiveness, raising social living standards and increasing the level of welfare for countries. In the 21st century, when scientific knowledge, technology, innovation,…

Purpose: Studies of human capital and economic growth were initially focused on labour and physical capital, but it was later recognised that factors such as education, health, and technology also affected this relationship. The present study aims to examine the effects of education, health, and innovation/technology, as the components of human…

We evaluate the contribution of investment on education to Sri Lanka's economic growth during the period 1959-2008. Physical capital, economic policy changes and the ethnic war are also evaluated due to their substantial importance. This study uses a framework encompassing both the neoclassical and endogenous growth model. The impact of education…

World-system scholars have traditionally emphasized the stability of the core/periphery hierarchy. However, prior network studies employing both categorical and continuous measures of world-system position reveal substantial mobility across time, whereby a number of developing states have become more integrated in the world economy over the past…

The objective of this paper is to analyze the effect of various compositions of human capital on economic growth. We construct alternative measures of human capital composition using five fields of study. In each instance, the measure represents the number of graduates in the respective field as a percentage of all graduates. The measures are as…

A global revolution has been taking place in higher education during the past half-century. In the educators' view, four fundamental and interrelated forces have impelled the current academic revolution: the "massification" of higher education, globalization, the advent of the knowledge society and the importance of research universities…

Surveys research on the role of schooling and human capital in fostering productivity and economic growth. Argues that the returns to human capital are extremely large, compared with returns to most types of physical capital. Urges increased grants by international donors for investment in primary schooling. Includes 18 notes. (MLH)

Throughout the developing world, there is a debilitating lack of connection between tertiary education and economic growth. As a result, many tertiary institutions fail to address the particular human capital needs of the productive sector, thereby constraining economic growth, productivity and innovation. Existing employment opportunities go…

Public-private partnerships in education exist in various forms around the world, in both developed and developing countries. Despite this, and despite the importance of human capital for economic growth, systematic analysis has been limited and scattered, with most scholarly attention going to initiatives in the United States. This volume helps…

The Millennium Summit held in New York in September 2000 outlined the Millennium Development Goals (MDGs). The first of these involves the eradication of extreme poverty and hunger, setting two targets: halving by 2015 the percentage of the world's populace in 1990 with income less than US-$1 a day (i.e., cutting this percentage from 27.9 to 14%);…

The framework of an aggregate production function shows that growth of human capital is both a condition and a consequence of economic growth. The concurrent growth and diffusion of human capital, involving production of new knowledge, appears necessary to ensure sustained economic development worldwide. (TE)

For over a hundred years the federal government has been underfunding its treaty obligations and other commitments to the Navajos. As a result, much of the reservation economy now operates at the level of bare subsistence. Deficiencies in social overhead capital have brought on even more marked deficiencies in industrial and commercial capital.…

This report attempts to show how government and markets can interact most effectively to promote rapid economic development and benefit all people. The world economy is reviewed and an assessment is made of the impact of external factors on development. Alternative scenarios, optimistic and pessimistic, for the 1990s are considered. Four…