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The Role Of Investment In Human Capital In Economic Development

Table 1:

Region Annual growth rate Percentage contribution of
Employment Physical capital Human capital Factor productivity
Industrialized countries 3,4 35.3 29.4 8.8 29.4
East Asia 6,5 41.5 33.8 7.7 15.4
Latin America 3,7 73 13.5 10.8 2.7
South Asia 4,6 45.7 23.9 6.5 23.9
Sub-Saharan Africa 3,2 81.3 12.5 9.4 -3.1
Middle East 4,6 58.7 21.7 10.9 8.7
World 3,8 39.5 26.3 7.9 23.7
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