Journal of Economics and Development Studies

Investment and Quality of Human Capital in Economic Development
Sirilius Seran

Abstract
Economic development is determined by the amount of investment. The form of such investment may be physical and non-physical investment. Physical investments are fasterto produce but italso be exhausted faster. Meanwhile, non-physical investments (quality of human resources) take longer to produce but after be generated; its benefits will be longer to be employed by the development. The method of analysis used was a literature review approach which was reinforced with the results of the previous research. The results of the study illustrate that the combination of utilization of these two kinds of investments enhanced economic growth, created employment opportunities and reduced the poverty of the population.

Full Text: PDF     DOI: 10.15640/jeds.v6n1a4