Economists have long recognized the importance of human capital in economic growth. In this series of papers, I study how various institutions of human capital formation affected economic development in a variety of contexts prior to 1900. These include both formal institutions of human capital formation such as universities and informal…

In our contribution, we investigate the relationship between social investment (SI) and lifelong learning (LLL), discussing how LLL can be integrated theoretically within a SI approach, by focussing on the ideational principles and policy strategies. First, we describe the SI and LLL perspectives, reviewing their foundations and main principles.…

This European Training Foundation (ETF) assessment provides an external, forward-looking analysis of Azerbaijan's human capital development issues and Vocational Education and Training (VET) policy responses in a lifelong learning perspective. It identifies challenges related to education and training policy and practice that hinder the…

This book, which is designed for undergraduate-level students in economics and industrial relations, attempts to synthesize the literature in the field of training for employment in Western Europe and the United States. In part 1, the principles of human capital theory are used to explain many labor market phenomena in terms of rational choices…