Human Capital Development and Economic Growth : A Lesson from Nigeria.
Abstract
The study examined the effect of human capital development and capabilities on economic growth and development in Nigeria. This included the analysis of the impact of heath care delivery and education. Secondary data were used for the study and study covered a period of year 2000-2009. Statistical tools used in analyzing the date was correlation which revealed that investment in education and health has positive correction with economic growth and development. Conclusively, the study posits that formal education is highly instrumental and even necessary to improve the productive capacity of a nation.
Keywords: Human Capital, Human Development, Economic Growth
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