The Role of Human Capital on Economic Development and the Human Development Index As the View of Human Development in Turkey
Abstract
After the 1980s in studies on economic development, economical, social and cultural characteristics of countries are emphasized mostly. Concept of human capital that staying in backround at studies have begun to processed in last 40 years. Human capital has replaced the country's growth and development policies as a classical production factors in addition to labour, physical capital, natural resources and enterprising factors. Human capital expressed as the sum of the knowledge, skills and abilities that has individuals. Today the impact of human capital on economic development has become more important. Economic development, in addition to economic growth in the country, it is a concept involving structural developments in the country. Human capital is the most important factor that performs the structural development and tranformation in the countries. For this reason, aimed to demonstrate the relationship development and human capital in countries. Therefore, human capital is seen as the most important factor that will carry out the development with structural progress and transformation in the countries. In this studies, we will try to explain the role of human capital on economic development. In recent years human capital become most important determinant of economic development. In this context, qualitative factors such as education and health will be referred to the importance of human capital in economic development and will be discussed view of human development in Turkey. We will use the human development index, accepted as an indicator of human development while this discussion, that as specified by the United Nations Human Development Organization.
Keywords
References
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Details
Primary Language
Turkish
Subjects
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Journal Section
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Publication Date
January 22, 2017
Submission Date
September 21, 2016
Acceptance Date
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Published in Issue
Year 2017 Number: 51