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Human Capital Improvement: The Key For The Success Of Economic Development

Author

Listed:
  • Kodrat Wibowo

    (Department of Economics, Padjadjaran University)

Abstract

The economic crisis engulfing many Less Developed Countries (LDC’s) has focused attention on the fragility of their financial sector. But longer-term need of many LDC’s economies is to boost technological capability. While the physical capital is no longer the main problem for most of them, they need to improve their human capital by giving them appropriate skill and knowledge through educational improvement policy. This paper proposes strategies to improve the human capital by adding World Bank suggestion to enhance the information sector, which is crucial to effective market.

Suggested Citation

  • Kodrat Wibowo, 1999. "Human Capital Improvement: The Key For The Success Of Economic Development," Working Papers in Economics and Development Studies (WoPEDS) 199902, Department of Economics, Padjadjaran University, revised May 1999.
    • Handle: RePEc:unp:wpaper:199902
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    File URL: http://lp3e.fe.unpad.ac.id/wopeds/199902.pdf
    File Function: First version, 1999
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    More about this item

    Keywords

    human capital; economic development;

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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