Human Capital Investment [electronic resource]: An international Comparison / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Contributor:

Centre for Educational Research and Innovation, Content Provider.

Language:

English

Subjects (All):

Social Issues/Migration/Health.

Employment.

Education.

Education--Economic aspects--OECD countries.

Labor supply--Effect of education on--OECD countries.

Labor supply.

Human capital--OECD countries.

Human capital.

Local Subjects:

Social Issues/Migration/Health.

Employment.

Education.

Physical Description:

1 online resource (116 p. ) ill. ;

Place of Publication:

Paris : OECD Publishing, 1998.

Language Note:

English

Summary:

Investment in human capital is to the fore of debate and analysis in OECD countries about how to promote economic prosperity, fuller employment, and social cohesion. Individuals, organisations and nations increasingly recognise that high levels of knowledge, skills and competencies are essential to their future security and success. Investment in skills and competencies takes place in a variety of settings ranging from early childhood education to informal learning in the workplace, and involves a wide range of actors from individuals to enterprises and governments. This report aims to clarify what is now known about human capital and how it can be measured. It responds to a request by governments represented in the OECD Council "to develop an initial set of indicators of human capital investment based on existing data, analyse areas where significant gaps remain in internationally comparable data, identify the cost of development of data collection for new measures and performance indicators, and report to Ministers in 1998".

Contents:

Executive Summary

Assessments and Recommendations

Chapter 1. Maintaining a Strong Performance: The Challenges Ahead

-Preserving macroeconomic stability and competitiveness

Raising productivity growth while maintaining strong job creation

Implementing a strategy in response to global warming

Ensuring sound public finances, while keeping a lid on spending in a decentralised framework

The government's strategy in perspective

Bibliography

Chapter 2. Preserving Macroeconomic Stability and Competitiveness

-Recent trends and short-term prospects

Reducing the inflation differential with the euro area

Stabilising the housing market

Continuing with a prudent fiscal policy is vital

Annex 2.A1. The Role of Supply and Demand Effects on the Rise in Property Prices

Chapter 3. Raising Productivity Growth while Maintaining Strong Job Creation

-The need for further reform

Improving human capital investment

Boosting research and development and the adoption of new technologies

Chapter 4. Getting the Most out of Public Sector Decentralisation

-Forces shaping fiscal relations across levels of government

Spending assignment issues

Financing arrangements for regional governments

Managing fiscal policy in a decentralised framework

An agenda for further reform

Annex 4.A1. Recent Reforms of the Local Government Financing System

Chapter 5. Reforming the Pension System

-The need to reform the public pension system

Promoting an increase int he employment rate for women and older workers

Reappraising the incentives in favour of private pensions

Glossary

Annex A. Progress on Structural Reform

Notes:

Bibliographic Level Mode of Issuance: Monograph

ISBN:

1-280-03026-7

9786610030262

92-64-16289-5

OCLC:

1024274763