The education and the human capital to get rid of the middle-income trap and to provide the economic development
Küçük Resim Yok
Tarih
2015
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
ELSEVIER SCIENCE BV
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The developing countries rising their national income to $ 10.000 per capita face to two major problems: the economic development and the middle income trap. The economic development and the economic growth have been considered as equivalent terms until 1970. The economic growth is a numerical value to be able to measure the reel GDP(Gross Domestic Product) increasing rate while the economic development is a social criterion measuring the social levels of the human being such as the health, the education and the human living standard. The other problem of the developing countries achieving to the middle income level is the middle income trap. The developing countries facing to the middle income trap and aiming to the economic development can improve their human capital in order to remove it. The human capital means the aptitudes such as the knowledge and the skill to be obtained by the manpower. All these enable to increase the individual and social development and the economical prosperity. The basic condition of developing the human capital is the education and the lifelong learning. However, the more the education duration in the developing countries increases, the more the individual and social costs increase. Therefore, these countries must improve the employment during the education in order to both develop the human capital and decrease the alternative costs that would cause the education. (C) 2015 The Authors. Published by Elsevier Ltd.
Açıklama
5th International Conference on New Horizons in Education (INTE) -- JUN 25-27, 2014 -- Paris, FRANCE
Anahtar Kelimeler
human capital, economic development, middle income trap, economy education
Kaynak
INTERNATIONAL CONFERENCE ON NEW HORIZONS IN EDUCATION, INTE 2014
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
174
