Human capital Development and Economic Growth: A cross country study
- Authors: Sokanti, Thembalethu
- Date: 2020
- Subjects: Economic development Human capital
- Language: English
- Type: Thesis , Masters , MCom (Economics)
- Identifier: http://hdl.handle.net/10353/18985 , vital:43005
- Description: The study examined the impact of human capital development on economic growth for 129 countries comprising of developed and developing countries. The primary focus of the study is on examining the contribution of human capital index components on economic growth for the period 2014 to 2017. The panel data model was employed in the study. Firstly, the hausman test was used to determine the suitable method between fixed and random effects. The fixed effects model was selected as the best panel econometric technique to be used in the study. The empirical results showed that there is a positive and statistically significant relationship between human capital index components (capacity, development, deployment and know how) and economic growth. The study also found that these components of human capital index have more impact on economic growth when they are interacted together based on theories of human capital and economic growth. Capacity and development are found to be the best contributors to economic growth for all the regions; thus, the study recommends that for economic growth to be increased, countries should invest more of their funds on capacity and development sub- indexes of human capital index. Exchange rates and inflation are found to have a negative relationship with the economic growth, while interest rates are found to have a positive and statistical relationship with the economic growth. The study also found out that there is a regional effect associated with human capital development, with European region being the best contributor to GDP. The components of human capital index also found to be important for all regions to invest on to improve economic performance. Deployment is found not to be significant is Sub-Saharan Africa. The existence of income group effect is found with developed countries performing much better compared to developing countries. The study also recommended that countries should invest more of their wealth in human capital development components such as education and health to enhance their economic growth
- Full Text:
- Date Issued: 2020
- Authors: Sokanti, Thembalethu
- Date: 2020
- Subjects: Economic development Human capital
- Language: English
- Type: Thesis , Masters , MCom (Economics)
- Identifier: http://hdl.handle.net/10353/18985 , vital:43005
- Description: The study examined the impact of human capital development on economic growth for 129 countries comprising of developed and developing countries. The primary focus of the study is on examining the contribution of human capital index components on economic growth for the period 2014 to 2017. The panel data model was employed in the study. Firstly, the hausman test was used to determine the suitable method between fixed and random effects. The fixed effects model was selected as the best panel econometric technique to be used in the study. The empirical results showed that there is a positive and statistically significant relationship between human capital index components (capacity, development, deployment and know how) and economic growth. The study also found that these components of human capital index have more impact on economic growth when they are interacted together based on theories of human capital and economic growth. Capacity and development are found to be the best contributors to economic growth for all the regions; thus, the study recommends that for economic growth to be increased, countries should invest more of their funds on capacity and development sub- indexes of human capital index. Exchange rates and inflation are found to have a negative relationship with the economic growth, while interest rates are found to have a positive and statistical relationship with the economic growth. The study also found out that there is a regional effect associated with human capital development, with European region being the best contributor to GDP. The components of human capital index also found to be important for all regions to invest on to improve economic performance. Deployment is found not to be significant is Sub-Saharan Africa. The existence of income group effect is found with developed countries performing much better compared to developing countries. The study also recommended that countries should invest more of their wealth in human capital development components such as education and health to enhance their economic growth
- Full Text:
- Date Issued: 2020
The relative efficacy of liberation theology and critical solidarity in keeping the SACC to its goals of human welfare and Ecumenical unity in its relationship with the South African state
- Authors: Pongolo, Mziwamadoda
- Date: 2020
- Subjects: Black theology Liberation theology
- Language: English
- Type: Thesis , Masters
- Identifier: http://hdl.handle.net/10353/18269 , vital:42247
- Description: The problem that this study is grappling with is that since the SACC has followed the Critical Solidarity model it is less successful in meeting its goals, to support human welfare and ecumenical solidarity in South Africa. The research will compare the two respective models of relations between SACC and State, that which guided the SACC after the demise of Apartheid that which guided it. First, the research will investigate why the present relationship of Critical Solidarity has proven less effective in achieving its goals. Secondly it will investigate factors accounting for the relative success of the model of relations between SACC and the South African State during the struggle against apartheid, that of Liberation Theology. Secondly, this study will recommend the reconstruction of a more effective model of Critical Solidarity, to remedy present weaknesses, by incorporating factors from the apartheid-era model of Liberation Theology that which serve the goals of ecumenical solidarity and human welfare. The research seeks to address the following questions. What challenges, for the goals of the SACC, of ecumenical solidarity and human welfare, have arisen for the SACC that may be attributed to its adoption of a model of Critical Solidarity in its relationship with the State? What factors conducive to ecumenical solidarity and human welfare are absent from the present model of Critical Solidarity, though they present the preceding model of relations between Church and State as adopted adopted by the SACC during the struggle against apartheid, modeled on Liberation Theology? How might these factors conducive to Church unity and social justice in South Africa be reintroduced in the present model of Critical Solidarity
- Full Text:
- Date Issued: 2020
- Authors: Pongolo, Mziwamadoda
- Date: 2020
- Subjects: Black theology Liberation theology
- Language: English
- Type: Thesis , Masters
- Identifier: http://hdl.handle.net/10353/18269 , vital:42247
- Description: The problem that this study is grappling with is that since the SACC has followed the Critical Solidarity model it is less successful in meeting its goals, to support human welfare and ecumenical solidarity in South Africa. The research will compare the two respective models of relations between SACC and State, that which guided the SACC after the demise of Apartheid that which guided it. First, the research will investigate why the present relationship of Critical Solidarity has proven less effective in achieving its goals. Secondly it will investigate factors accounting for the relative success of the model of relations between SACC and the South African State during the struggle against apartheid, that of Liberation Theology. Secondly, this study will recommend the reconstruction of a more effective model of Critical Solidarity, to remedy present weaknesses, by incorporating factors from the apartheid-era model of Liberation Theology that which serve the goals of ecumenical solidarity and human welfare. The research seeks to address the following questions. What challenges, for the goals of the SACC, of ecumenical solidarity and human welfare, have arisen for the SACC that may be attributed to its adoption of a model of Critical Solidarity in its relationship with the State? What factors conducive to ecumenical solidarity and human welfare are absent from the present model of Critical Solidarity, though they present the preceding model of relations between Church and State as adopted adopted by the SACC during the struggle against apartheid, modeled on Liberation Theology? How might these factors conducive to Church unity and social justice in South Africa be reintroduced in the present model of Critical Solidarity
- Full Text:
- Date Issued: 2020
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