Human Capital is the Key to Growth - Success Stories and Policies for 2020
Deutsche Bank Research Current Issues Working Paper
20 Pages Posted: 10 Aug 2005
Date Written: August 1, 2005
Abstract
Human capital is the most important factor of production in today's economies - and education is an investment that generates higher incomes in future. The growth stars of the coming years identified in our introductory study base their success on major gains in human capital. The success stories of Spain and South Korea show that political changes can have a lasting impact on human capital.
Keywords: Human capital, growth empirics, education, employment
JEL Classification: J24, O00, O11, O30, O40, O50
Suggested Citation: Suggested Citation
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