THE IMPORTANCE OF EDUCATION IN DEVELOPING HUMAN CAPITAL
DOI:
https://doi.org/10.37547/Keywords:
human capital, education, skills development, innovation, economic growth, knowledge economy, workforce, lifelong learning, social mobility, equity, employment.Abstract
This article explores the crucial role of education in the formation and development of human capital. It examines how quality education fosters skills, innovation, and economic productivity. The article also discusses existing challenges in the education sector, especially in developing countries, and proposes recommendations for building a stronger educational foundation to support sustainable human capital growth.
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References
World Bank (2022). World Development Report: Education and Human Capital.
OECD (2021). Skills Outlook: Learning for Life.
Becker, G. S. (1993). Human Capital: A Theoretical and Empirical Analysis. University of Chicago Press.
UNESCO (2023). Global Education Monitoring Report.
UNDP (2021). Human Development Report.
Hanushek, E. A., & Woessmann, L. (2020). The Knowledge Capital of Nations: Education and the Economics of Growth.
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