Human Resource Development and Africa's Economic Growth: Perspectives for Policy Planning in Kenya

"Public expenditure in education therefore presents especially important link in determining the strength of the relationship between human resource development and economic growth. A dynamic perspective on the relationship between human capital and economic growth is explored on the case of economic priorities and education in Kenya. Areas of policy concern are discussed, ranging from demand, supply, relevance, and efficiency of human capital formation through schooling. Unemployment and underdevelopment puts Kenya at crossroads in terms of the economic and educational policies pursued by the government. Key conclusions are that the productivity resulting from investment in education is of prime importance to per capita growth of Africa. However, expanded human capital must be accompanied by equal expansion of employment opportunities resulting from increased investment in physical capital. This way education enjoys the equilibrium of being a consumption and an investment at the same time. Governments of African nations must also take the advantage of the endogenous growth spillover currently generated by the knowledge saturated industrial economies, and avoid ""stop-go"" educational and economic policies."

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Education

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Oketch, Moses Otieno

Contributors dc:contributor

• Laurence John Parker

• Sociology, Social Structure and Development

Language dc:language

eng

Identifier

(MiAaPQ)AAI3044192

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/79674