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How Globalization Influences the Developing Countries' Human Resources Strategic Policy

Author

Listed:
  • Rahil ASADI

    (Bucharest University of Economic Studies, Romania)

  • Gabriel Octavian MARIN

    (RoAssurance; Bucharest, Romania)

Abstract

Development of human resources is one of the key issues of today's economics and management scholars. Starting from the basic concepts of human resources – definition, trends of development, related indicators the present research evolves under three components: education, life expectancy and gross domestic product per capita. Figures that sustains our demarche flow according to the ranking data in terms of globalization index and The United Nations Human Development Index (HDI), calculated with the STATGRAF statistical software. We used the Spearman correlation coefficient and correlated the intensity between the two variables (R=76%), to show the close relationship between the Globalization Index and Human Resource Development. Taking such conclusions into consideration, could make more successful the advances in the field of human resources.

Suggested Citation

  • Rahil ASADI & Gabriel Octavian MARIN, 2019. "How Globalization Influences the Developing Countries' Human Resources Strategic Policy," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 8(3), pages 32-46, September.
    • Handle: RePEc:sph:rjedep:v:8:y:2019:i:3:p:32-46
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    References listed on IDEAS

    as
    1. Casper Worm Hansen & Holger Strulik, 2017. "Life expectancy and education: evidence from the cardiovascular revolution," Journal of Economic Growth, Springer, vol. 22(4), pages 421-450, December.
    2. repec:wsr:wpaper:y:2010:i:046 is not listed on IDEAS
    3. Francesco Cinnirella & Jochen Streb, 2017. "The role of human capital and innovation in economic development: evidence from post-Malthusian Prussia," Journal of Economic Growth, Springer, vol. 22(2), pages 193-227, June.
    4. Alan Fernihough, 2017. "Human capital and the quantity–quality trade-off during the demographic transition," Journal of Economic Growth, Springer, vol. 22(1), pages 35-65, March.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Ifedolapo Helen Babalola & Clinton Ohis Aigbavboa, 2022. "Evaluating Communication Features of Human Resource Management Practices: The Construction Industry in Lagos State, Nigeria," Businesses, MDPI, vol. 2(4), pages 1-15, October.

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    More about this item

    Keywords

    Human resources; Globalization; Human resource development;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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