IDEAS home Printed from https://ideas.repec.org/p/wbk/wbrwps/828.html
   My bibliography  Save this paper

How the macroeconomic environment affects human resource development

Author

Listed:
  • Van Adams, Arvil
  • Goldfarb, Robert
  • Kelly, Terence

Abstract

Do inward-focused development strategies reduce competition in factor markets and incentives for more efficient skills development Do outward-focused development strategies improve them The authors compared vocational education and training systems in six developing countries in the 1980s. They found that an outward orientation encourages more efficient development of human resources. Protectionist trade regimes that shelter producers from global competition produce price distortions in domestic capital and labor markets that affect the efficient use of resources in skills development. Structural adjustment programs that address these distortions expand incentives for private training and for more efficient use of public resources in skills development.

Suggested Citation

  • Van Adams, Arvil & Goldfarb, Robert & Kelly, Terence, 1992. "How the macroeconomic environment affects human resource development," Policy Research Working Paper Series 828, The World Bank.
    • Handle: RePEc:wbk:wbrwps:828
    as

    Download full text from publisher

    File URL: http://documents.worldbank.org/curated/en/812381468741324094/pdf/multi0page.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rajapatirana, Sarath, 1988. "Foreign trade and economic development: Sri Lanka's experience," World Development, Elsevier, vol. 16(10), pages 1143-1157, October.
    2. Krueger, Anne O, 1990. "Asian Trade and Growth Lessons," American Economic Review, American Economic Association, vol. 80(2), pages 108-112, May.
    3. Norma A. Tan, 1987. "Incentives and Protection Policies in Relation to Comparative Advantage and Labor-Intensity in Philippine Manufacturing: An Evaluation," UP School of Economics Discussion Papers 198702, University of the Philippines School of Economics.
    4. Adams, Arvil V. & Schwartz, Antoine, 1988. "Vocational education and economic environments : conflict or convergence?," Policy Research Working Paper Series 70, The World Bank.
    5. Balassa, Bela, 1988. "The interaction of factor and product market distortions in developing countries," World Development, Elsevier, vol. 16(4), pages 449-463, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Satti, Saqlain Latif & Farooq, Abdul & Loganathan, Nanthakumar & Shahbaz, Muhammad, 2014. "Empirical evidence on the resource curse hypothesis in oil abundant economy," Economic Modelling, Elsevier, vol. 42(C), pages 421-429.
    2. Siddiqur Osmani, 2009. "Explaining Growth in South Asia," Chapters, in: Gary McMahon & Hadi Salehi Esfahani & Lyn Squire (ed.), Diversity in Economic Growth, chapter 3, Edward Elgar Publishing.
    3. Yiping Huang & Jian Chang & Prema-Chandra Athukorala & Sisira Jayasuriya, 2013. "Economic Policy Shifts in Sri Lanka: The Post-Conflict Development Challenge," Asian Economic Papers, MIT Press, vol. 12(2), pages 1-28, Summer.
    4. Diaz-Bautista, Alejandro, 2002. "The role of telecommunications infrastructure and human capital: Mexico´s economic growth and convergence," ERSA conference papers ersa02p102, European Regional Science Association.
    5. Ahmed, Sadiq & Ranjan, Priya, 1995. "Promoting growth in Sri Lanka : lessons from East Asia," Policy Research Working Paper Series 1478, The World Bank.
    6. L. ALAN WINTERS & NEIL McCULLOCH & ANDREW McKAY, 2015. "Trade Liberalization and Poverty: The Evidence So Far," World Scientific Book Chapters, in: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis, chapter 14, pages 271-314, World Scientific Publishing Co. Pte. Ltd..
    7. Frankel, Jeffrey A. & Romer, David & Cyrus, Teresa, 1995. "Trade and Growth in East Asian Countries: Cause and Effect?," Center for International and Development Economics Research (CIDER) Working Papers 233408, University of California-Berkeley, Department of Economics.
    8. Nancy Birdsall, 2006. "Stormy Days on an Open Field: Asymmetries in the Global Economy," Working Papers 81, Center for Global Development.
    9. Pierluigi Montalbano & Alessandro Federici & Umberto Triulzi & Carlo Pietrobelli, 2005. "Trade Openness and Vulnerability in Central and Eastern Europe," WIDER Working Paper Series RP2005-43, World Institute for Development Economic Research (UNU-WIDER).
    10. Aggarwal, Raj, 1999. "Assessing the recent Asian economic crises: the role of virtuous and vicious cycles," Journal of World Business, Elsevier, vol. 34(4), pages 392-408, January.
    11. Haider A. Khan, 2007. "Trade Liberalization and Poverty Reduction in General Equilibrium: The Role of Labor Market Structure," CIRJE F-Series CIRJE-F-462, CIRJE, Faculty of Economics, University of Tokyo.
    12. Székely-Doby, András, 2017. "A kínai fejlesztő állam kihívásai [Challenges to the Chinese developmental state]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 630-649.
    13. Shahbaz, Muhammad & Rahman, Mizanur, 2011. "Impact of economic growth and financial development on exports: Cointegration and causality analysis in Pakistan," MPRA Paper 28563, University Library of Munich, Germany.
    14. Sofien Tiba & Mohamed Frikha, 2020. "Africa Is Rich, Africans Are Poor! A Blessing or Curse: An Application of Cointegration Techniques," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(1), pages 114-139, March.
    15. Prema-chandra Athukorala, 2012. "Sri Lanka’s Trade Policy: Reverting to Dirigisme?," The World Economy, Wiley Blackwell, vol. 35(12), pages 1662-1686, December.
    16. Sheng, Yu & Xu, Xinpeng & Rozelle, Scott, 2024. "Market structure, resource allocation, and industry productivity growth: Firm-level evidence from China's steel industry," China Economic Review, Elsevier, vol. 83(C).
    17. Shahbaz, Muhammad & Mohammad, Mafizur Rahman, 2014. "The Dynamics of Exports, Financial Development and Economic Growth in Pakistan: New Extensions from Cointegration and Causality Analysis," MPRA Paper 53225, University Library of Munich, Germany, revised 19 Jan 2014.
    18. Munir Ahmad & Gul Jabeen, 2024. "Relating economic openness and export diversification to eco‐efficiency: Is green innovation critical?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 3203-3225, July.
    19. Baer, Werner & Miles, William R. & Moran, Allen B., 1999. "The end of the Asian Myth: Why were the Experts Fooled?," World Development, Elsevier, vol. 27(10), pages 1735-1747, October.
    20. Paqué, Karl-Heinz, 1995. "Gibt es auf lange Sicht eine internationale Konvergenz der Pro-Kopf-Einkommen?," Kiel Working Papers 700, Kiel Institute for the World Economy (IfW Kiel).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:828. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.