What is it about?
The paper examines whether investment in human capital promotes economic growth in Singapore since the last three decades.
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Why is it important?
with the best of knowledge with the help of econometric analysis this paper reveals significant role of human capital investment in economic growth in Singapore since 1980s. Findings of the paper have some policy implications not only for the country studied, but also for some developing and emerging economies.
Perspectives
Strategic approach for education and health-care development are vital for long-term growth of developing and emerging economies. Without the development of Human Resource, any other economic policy for long-run growth and prosperity of any economy may be futile.
Dr Biswajit Maitra
University of Gour Banga
Read the Original
This page is a summary of: Investment in Human Capital and Economic Growth in Singapore, Global Business Review, March 2016, SAGE Publications,
DOI: 10.1177/0972150915619819.
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