Human capital formation and economic growth in Asia and the Pacific / edited by Wendy Dobson.

Format:

Book

Contributor:

Dobson, Wendy, editor.

Series:

Pacific Trade and Development Conference series

Language:

English

Subjects (All):

Human capital--Asia.

Human capital.

Human capital--Pacific Area.

Manpower policy--Asia.

Manpower policy.

Manpower policy--Pacific Area.

Economic conditions.

Asia--Economic conditions--21st century.

Asia.

Pacific Area--Economic conditions--21st century.

Pacific Area.

Physical Description:

xvii, 235 pages : illustrations ; 25 cm.

Place of Publication:

New York, NY : Routledge, 2013.

Summary:

"The entire planet looks to Asian and other emerging markets to sustain growth momentum as traditional markets in the USA and Europe struggle with the slow and arduous processes of deleveraging after the global financial crisis. At the same time, there is growing recognition in Asia that the sources of growth must shift to sustain their own growth momentum in the years ahead. Heavy reliance on the region's high savings rates and plentiful supplies of low-cost labour will have to shift towards increasing the human capital embodied in more educated and skilled labour forces capable of contributing to productivity growth and innovation as future drivers of growth. Human Capital Formation and Economic Growth in Asia and the Pacific focuses on why and how countries are making this shift. The demographic transition is shown to be a significant factor as ageing populations in Japan, South Korea and China manage declining growth in the labour force by stepping up investments in education, and by changing policies and institutions. Lessons to be learned from these experiences by more youthful populations in Southeast Asia are explored. In addition, attention is paid to the consequences of cross-border differentials in technical knowledge and the quantity and quality of human capital. Several implications for public policy and for international cooperation on human-capital issues in the Asian region are identified"-- Provided by publisher.

Contents:

Human capital formation and growth / Wendy Dobson and Muhammad Umar Boodoo

The skills of "tigers" / Emmanuel Jimenez and Elizabeth M. King

Investment in human capital accumulation and growth / Been-Lon Chen

Human capital in Japan's demographic transition / Naohiro Yashiro

Higher education financing and inequality / Bruce Chapman

The changing demand for human capital at China's new stage of development / Cai Fang and Du Yang

Human capital and Indonesia's economic development / Umbu Reku Raya and Daniel Suryadarma

Human capital development and economic growth in Malaysia and Thailand / Emmanuel Jimenez, Vy T. Nguyen and Harry Anthony Patrinos

Knowledge diffusion through good knowledge governance / Thomas Menkhoff and Hans-Dieter Evers

The quest for foreign skills / Kang Qing Zhang, Evelyn Chan, Charles Labrecque, Heather Kincaide and Mikhail Iturralde

Regional cooperation in education / Josef T. Yap.

Notes:

Includes bibliographical references and index.

ISBN:

9780415838832

0415838835

OCLC:

821067767