Impact of Human Capital Development on Sustainable Development in Ethiopia

Abstract

Development is a word that is frequently used in homes, societies, institutions, states and nations. Though very evasive in definition, the Dictionary of Contemporary English refers to development as “the process of gradually becoming bigger, better, stronger, or more advanced”. It is indeed a process that embodies all attempts to improve the conditions of human existence in all ramifications.. It is however, important for any individual, community, society or nation to be able to sustain its level of development. Sustainable development, here, is regarded as Development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.On the other hand Human capital is recognized as the most critical in development. It has been directly linked to the ability of nations to transform from underdeveloped to developed economies. Indeed, the quality of a country’s human capital is central to promoting and sustaining innovation as well as the adoption of appropriate technology for accelerated sustainable development. That human capital was largely accountable for the transformation of resource-poor countries like Ethiopia.Accordingly, sustainable development requires high quality and appropriate Human capital to successfully implement. It is against the backdrop of the foregoing that this paper proceeds to examine the impact of human capital development on sustainable development in Ethiopia.  Base on The data collected from secondary sources.

Keywords: human capital, sustainable development

DOI: 10.7176/JESD/10-3-02