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Human as Capital: An Imperative for Africa

Author

Listed:
  • Akpa, Emeka
  • Onuoha, Henry
  • Nwakpa, Friday

Abstract

This study established the imperative for treating the human being in Africa as ‘human capital’ and showing that countries that invested more in human capital development had better economic and human development prospects than the countries that do not. Using comparative analysis, it was found that South Africa had better economic and human development outcomes than Nigeria because it spends more on human capital development as a percentage of Gross Domestic Product (GDP) than Nigeria.

Suggested Citation

  • Akpa, Emeka & Onuoha, Henry & Nwakpa, Friday, 2018. "Human as Capital: An Imperative for Africa," MPRA Paper 87770, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87770
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    References listed on IDEAS

    as
    1. Mikael Lindahl & Alan B. Krueger, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December.
    2. Mohammed Shuaibu & Popoola Timothy Oladayo, 2016. "Determinants Of Human Capital Development In Africa: A Panel Data Analysis," Oeconomia Copernicana, Institute of Economic Research, vol. 7(4), pages 523-549, December.
    3. Theodore W. Schultz, 1972. "Human Capital: Policy Issues and Research Opportunities," NBER Chapters, in: Economic Research: Retrospect and Prospect, Volume 6, Human Resources, pages 1-84, National Bureau of Economic Research, Inc.
    4. Philippe Aghion, 2009. "Growth and Education," World Bank Publications - Books, The World Bank Group, number 27936.
    5. B. F. Kiker, 1966. "The Historical Roots of the Concept of Human Capital," Journal of Political Economy, University of Chicago Press, vol. 74(5), pages 481-481.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Human Capital; Health; Education;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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