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The impacts of human capital in economic development and sustainability of East Asian countries

Human capital is the wealth that individuals as well as the nation in which supports the economy through production and helps to drive the development of society.Human capital can be understood by investigating the educational achievement of individuals in a society and examining how this influences...

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Main Author: Abdullah, Nabaz Nawzad
Format: Conference or Workshop Item
Published: 2013
Subjects:
HC Economic History and Conditions
Online Access:http://repo.uum.edu.my/8803/
http://www.icois2013.uum.edu.my/
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spelling my.uum.repo.88032013-08-27T07:27:44Z http://repo.uum.edu.my/8803/ The impacts of human capital in economic development and sustainability of East Asian countries Abdullah, Nabaz Nawzad HC Economic History and Conditions Human capital is the wealth that individuals as well as the nation in which supports the economy through production and helps to drive the development of society.Human capital can be understood by investigating the educational achievement of individuals in a society and examining how this influences the overall productivity of an economy.A person who has little or no education or vocational training will offer less, theoretically, than a person who has been specifically trained or who has attained a higher level of education.Human capital, more generally, also refers to the individuals experience, knowledge, values, motivation, and personal goals that can be considered by a business, organization, or within states or nations to assess the health of an economics system.It is to be assumed that, in order to be successful, human capital is a resource that must be carefully considered in any endeavor towards economic growth and prosperity.If in the past physical abilities of human beings were important, nowadays the mentality and investing in the mind of people is much more important than machines, lands and other means of production. So, East Asian countries mainly focused on human capital development to achieve sustainable development goals and maintain their economic growth.The value of the human capital development in East Asian countries could be the main determination of the economic growth and political stability. 2013-04 Conference or Workshop Item NonPeerReviewed Abdullah, Nabaz Nawzad (2013) The impacts of human capital in economic development and sustainability of East Asian countries. In: 1st International Conference on Innovation and Sustainability (ICOIS 2013), 3-4 April 2013, Sunway Resort Hotel & Spa Kuala Lumpur, Malaysia. (Unpublished) http://www.icois2013.uum.edu.my/
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Abdullah, Nabaz Nawzad
The impacts of human capital in economic development and sustainability of East Asian countries
description Human capital is the wealth that individuals as well as the nation in which supports the economy through production and helps to drive the development of society.Human capital can be understood by investigating the educational achievement of individuals in a society and examining how this influences the overall productivity of an economy.A person who has little or no education or vocational training will offer less, theoretically, than a person who has been specifically trained or who has attained a higher level of education.Human capital, more generally, also refers to the individuals experience, knowledge, values, motivation, and personal goals that can be considered by a business, organization, or within states or nations to assess the health of an economics system.It is to be assumed that, in order to be successful, human capital is a resource that must be carefully considered in any endeavor towards economic growth and prosperity.If in the past physical abilities of human beings were important, nowadays the mentality and investing in the mind of people is much more important than machines, lands and other means of production. So, East Asian countries mainly focused on human capital development to achieve sustainable development goals and maintain their economic growth.The value of the human capital development in East Asian countries could be the main determination of the economic growth and political stability.
format Conference or Workshop Item
author Abdullah, Nabaz Nawzad
author_facet Abdullah, Nabaz Nawzad
author_sort Abdullah, Nabaz Nawzad
title The impacts of human capital in economic development and sustainability of East Asian countries
title_short The impacts of human capital in economic development and sustainability of East Asian countries
title_full The impacts of human capital in economic development and sustainability of East Asian countries
title_fullStr The impacts of human capital in economic development and sustainability of East Asian countries
title_full_unstemmed The impacts of human capital in economic development and sustainability of East Asian countries
title_sort impacts of human capital in economic development and sustainability of east asian countries
publishDate 2013
url http://repo.uum.edu.my/8803/
http://www.icois2013.uum.edu.my/
_version_ 1644279931341897728
score 13.211869

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