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Special Graduate Schools
Graduate School of International Studies
Department of International Trade
International Trade
3. Theses(Master)
HUMAN CAPITAL INVESTMENT AS A STRATEGIC ELEMENT FOR THE ECONOMIC GROWTH IN MOZAMBIQUE
- Author(s)
- NEMBO EDSON FILIPE
- Advisor
- Jung Ho KIM
- Department
- 국제대학원 국제통상학과
- Publisher
- Graduate School of International Studies Ajou University
- Publication Year
- 2016-02
- Language
- eng
- Keyword
- Human Capital; working-age population
- Alternative Abstract
- The rapid technical change, globalization and economic liberalization in recent years has motivated governments in developed and developing countries to give special priorities in skills development as a strategy for economic competitiveness and growth. In developing countries, especially the poorest ones, the challenges are profound and complex. Policy makers acknowledge the critical role of a strong human resource base in complementing other investments and policies to boost productivity and economic progress. In this work we are going to recall to the Solow model where he defense the relevance of human capital accumulation as accumulation of physical capital excluding the human capital in his model may extremely the reason of why influences of population growth and saving appear too large in order to support all theories which support the importance of investing in Human Capital for the economic growth in any nation and it is also going to prove by how much investing human capital increases the GDP per capita. Within this work we are also going have the clear explanation by using the Solow model the difference among the countries why some of them are poor and others are not only rich but they are continuously rich, and the result from this work they show us increasing in investment and also schooling which is the formation of human capital lead to the increase of the economic growth in OECD countries which Mozambique is included. We also recommend not only to invest in Human capital but how to maintain the strong human capital turned to high productivity growth and innovation within any organization, company government or in any sector which human capital is called to give its contribution. Key words: Human Capital, working-age population
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