African Development Bank Articles

Guest post by: African Development Bank
Become an Author

References: Human Capital and Economic Development

References

Conclusion: Human Capital and Economic Development

Africa has made large strides in raising literacy and school enrolments and improving health. However, in the case of both education and health these gains are lower than those in other developing countries.

Effects of education upon child schooling and cognitive development: The Indirect Effects of Investment in Human Capital

Children are typically more likely to go to school if their parents are educated. They also tend to perform better in school and in some cases may earn higher incomes in adulthood.

Poverty and Human Resources

Poverty can prevent households from making high return investments in the human capital of their children.

Effects of education upon fertility: The Indirect Effects of Investment in Human Capital

Whether and how government policy should affect fertility is a controversial ethical issue. However, the UN International Conference on Population and Development in Cairo in September 1994 highlighted the importance of enhancing female education as part of a successful population policy.

Effects of education upon health and nutrition: The Indirect Effects of Investment in Human Capital

One indirect effect of expenditure on education may be its effects on health. Within developing countries, the children of educated parents face lower risks of premature death.

Effects of health on child schooling and cognitive development: The Indirect Effects of Investment in Human Capital

In sections 2 and 3 education and health were treated as separate components of human capital. Here the possible linkages between them are discussed. Expenditures on education may affect health and parental education may benefit children. Health expenditures may themselves affect the value of education. These links are important for understanding the potential range of benefits which accrue to expenditures on human capital.

Productivity effects of ill health and malnutrition: The Effects of Human Capital on Economic Development

Less research has been done on the returns to health and nutrition than on the returns to education. This is partly because the non-monetary aspects of these returns - greater longevity, reduced suffering and absence of disability - are arguably more central than in the case of education.

Rates of Return on Educational Investment from Micro Studies: The Effects of Human Capital on Economic Development

The conventional wisdom is that there is a high rate of return on primary schooling. This view is based largely on surveys of rate of return studies by Psacharopoulos.

The role of human and physical capital in growth: The Effects of Human Capital on Economic Development

We begin by a consideration of the links by which investment may affect the growth of output. Both physical and human capital directly impact on the productive capacity of an economy. However such direct effects may not be the most important.

Page 1 of 6
1
2
3
4
5
6
Next
Last

Home > African-Accounts > African Development Bank > Google +

About the Author: African Development Bank

RSS for African's articles - Visit African's website
The African Development Bank is the premier financial development institution of Africa, dedicated to combating poverty and improving the lives of people of the continent and engaged in the task of mobilizing resources towards the economic and social progress of its Regional Member Countries.The Bank’s s mission is to promote economic and social development through loans, equity investments, and technical assistance. The ADB is a multilateral development bank whose shareholders include 53 African countries and 24 non-African countries from the Americas, Asia, and Europe. It was established in 1964, with its headquarters in Abidjan, Côte d’Ivoire, and officially began operations in 1967.
Click here to visit African's website.

More from African Development Bank
Group Mobilisation Tenets of Microcredit for Poverty Reduction
Removal of Barriers and Enhancement of Market Access Barriers to African External Trade
Export Promotion Strategies for Manufactured Goods New Approaches to Trade Development in Africa
Domestic farm support programs in developed countries Provisions of Agreement on Agriculture
Effects of education upon child schooling and cognitive development The Indirect Effects of Investment in Human Capital

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Featured

Expert

Stan Prokop
@stanprokop
Visit website


Name:
Email: