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Human Capital Formation and Economic Growth in Asia and the Pacific

edited by Wendy Dobson
London ; New York : Routledge, Taylor & Francis Group, 2013.
Pacific Trade and Development Conference series
9780415838832, 0415838835, 0203778731 (ebook), 9780203778739 (ebook)
"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"--
  • Human capital formation and growth : microeconomic dimensions / Wendy Dobson and Muhammad Umar Boodoo
  • The skills of 'tigers' / Emmanuel Jimenez and Elizabeth M. King
  • Investment in human capital accumulation and growth : analyzing policy effectiveness / Been-Lon Chen
  • Human capital in Japan's demographic transition : implications for other Asian countries / Naohiro Yashiro
  • Higher education financing and inequality : the critical role of student loan scheme design- illustrations from Indonesia, Vietnam and Thailand / 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 : stuck in the middle? / Emmanuel Jimenez, Vy T. Nguyen and Harry Anthony Patrinos
  • Knowledge diffusion through good knowledge governance : the case of Singapore's marine cluster / Thomas Menkhoff and Hans-Dieter Evers
  • The quest for foreign skills : international recruitment strategies in the Asia-Pacific region / Kang Qing Zhang, Evelyn Chan, Charles Labrecque, Heather Kincaide and Mikhail Iturralde
  • Regional cooperation in education : issues for developing countries in the Asia-Pacific region / Josef T. Yap.
xvii, 235 pages : illustrations ; 24 cm.
Includes bibliographical references and index.
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