Cover of Measuring Human Capital by Fraumeni, Barbara, ISBN 9780128190579
Decision-Making & Problem Solving

Measuring Human Capital

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Paperback ยท ISBN 9780128190579

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Key Specifications

ISBN 9780128190579
Publisher Academic Press
Publication date July 2021
Language English
MRP ยฃ78.99 GBP
Page count 222
Item weight 86 g
Measuring Human Capital addresses a country's most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country's overall value. There is now a recognition that many variables contribute to a country's worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being.