The role of human capital in the inclusive green growth (ადამიანისეული კაპიტალის როლი ინკლუზიური მწვანე ზრდის უზრუნველყოფაში)
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Date
2019
Journal Title
Journal ISSN
Volume Title
Publisher
TSU Paata Gugushvili Institute of Economics
Abstract
The concept of inclusive "green" growth is based on the stimulation of economic growth and development and the sustainability of natural assets, the ecosystem effectiveness principles. For this it is necessary to increase investment and innovation, which is the basis for sustainable development. Human capital is one of the fundamental factors for inclusive green growth.
The paper deals with the essence of the human capital index as the measure of volume of human capital. It is the modern measure developed by the World Bank, which focuses on the productivity of next generation.
In this paper highlighted that without human capital it is impossible to achieve sustainable economic growth, as well as the formation of qualified worker’s controllers and maintain competitiveness on the world economic arena. Therefore, it is important to create the necessary conditions for the development of human capital.
Description
1. Advancing Green Human Capital. A FRAMEWORK FOR POLICY ANALYSIS AND GUIDANCE. ILO, 2017.
2. Inclusive Green Growth Index. A New Benchmark for Quality of Growth. Asian Development Bank, 2018.
3. Ehrlich I., Dunli Li, Zhiqiang Lui. (2017). The Role of Entrepreneurial Human Capital as a Driver of Endogenous Economic Growth. Journal of Human Capital, vol 11(3), p. 310-351.
4. Ivo Šlaus 1 and Garry Jacobs. Human Capital and Sustainability. “Sustainability” 2011, 3, 97-154; doi:10.3390/su3010097.
5. Inclusive Wealth Report 2018. Measuring Progress Towards Sustainability. Taylor and Francis Group. New York, 2018.
6. www. Worldbank.org
Keywords
Human Capital, Human Capital Index, Green Growth
Citation
Proceedings of Materials of International Scientific Conference “Current Problems of Formation of Green Economy”, 2019, , pp.263-268