CEDS UNPAD

Human Capital Improvement: The Key For The Success Of Economic Development

The economic crisis engulfing many Less Developed Countries (LDC’s) has focused attention on the fragility of their financial sector. But longer-term need of many LDC’s economies is to boost technological capability. While the physical capital is no longer the main problem for most of them, they need to improve their human capital by giving them appropriate skill and knowledge through educational improvement policy. This paper proposes strategies to improve the human capital by adding World Bank suggestion to enhance the information sector, which is crucial to effective market.

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Center for Economics and Development Studies is a research center under the Department of Economics, Padjadjaran University, Indonesia. A leading research institute in Indonesia in the area of economics and development studies.
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