WebbBecause the theory of capital formation has been the object of study for a long time, it is not hard to fix the general outlines of the problem. The conception of the subject which helped shape our program was that the process of capital formation involves three distinct, if interdependent, activities. One is saving, the activity by WebbHuman capital development also refers to human capital formations or Human-Resource development. Human capital development according to Jhingan (2007: P 387) "is the process of acquiring and increasing the number of persons who have the skills, education and experience which are critical for economic and political development of a country".
Challenges of Research and Human Capital Development in Nigeria …
WebbHuman Capital and Economic Growth A firm’s corporate goals very much depend on the performance of its human capital. Based on the universalistic and contingency approaches of human resource management, adequate human capital management could lead to higher profits, lower turnover, and improvement in human capital skills (Huselid, 1995). WebbThe following points highlight the eight major problems of the Indian economy. Some of the problems are: 1. Low level of national income and per capita income 2. Vast inequalities in income and wealth 3. Predominance of agriculture 4. Tremendous population pressure 5. Massive unemployment and Others. Indian Economy Problem # 1. law office of gregory p. olson
Human Capital Formation: Meaning, Sources, Importance, Role & Problem
Webbdevastated by the conflict, which hindered the development of basic infrastructure, human capital, and formal civilian institutions. Massive, chronic humanitarian needs persisted … Webbhuman capital through obsolescence, loss of strength, illness, retirement, and death; conflicts between efficiency and equality in the educational system; wrong edu-cational … Webband significantly to human capital accumulation. We also find that economic growth enhances the formation of human capital. Results from our Granger caus-ality tests confirm a bi-directional relationship between financial development and ABOUT THE AUTHOR Duc Hong Vo is Professor, and practitioner, of law office of gretchen hall