2008 | 3 | 1 | 15-21
Article title

Impact of Human Capital on GNP Level

Title variants
Languages of publication
It is possible to achieve faster rates of social growth, greater developement, a better standard of living and narrow the gap between rich and poor countries by changing a government's economic policies so that they emphasize investments in the developement of human potential. An increase in motivation, knowledge, levels of education and team organization, as well as a strengthening of citizens' moral, intellectual and social potential will, as the results of investigations quoted in this article show, bring faster growth of the Gross National Product (GNP). There is still a paradigm prevailing in south-eastern European countries to invest more in physical capital than in human capital. This paradigm is the reason that these countries continue to fall behind the most developed countries in the world.
Physical description
  • Faculty of Economics, Osijek, Croatia
  • Faculty of Economics, Osijek, Croatia
  • Becker, S., "Responding to poverty: the politics of cash and care" Longman, cop., London, New York, 1997.
  • Bradshaw, M., J., Dymond, J., P., White, G., W., "Contemporary world regional geography: global connections, local voices" McGraw-Hill, New York, 2004.
  • Davey, K. J., "Investing in regional development: policies and practices in EU candidate countries" Local Government and Public Service Reform Initiative, Open Society Institute, cop., Budapest, 2003.
  • Delleck, H., Von den Bosch, K., De Lathouwer, L., "Poverty and the Adequacy of Social Security in the EC" Avebury, Aldershot, 1995.
  • Fellmann, J., D., Getis, A., Getis, J., "Human geography: landscapes of human activities" second edition, Wm. C. Brown Publishers, cop., Dubuque, 1990.
  • Grin, F., Daftary, F., "Nation-building, ethnicity and language politics in transition countries" Local Government and Public Service Reform Initiative, Open Society Institute: European Centre for Minority Issues, cop., Budapest, 2003.
  • Hirsch, F., "Social limits of Growth" Harvard University Press, Cambridge, 1976.
  • "International Journal of Social Economics", Dipietro, W. R., Anoruo, E., "GDP per capita and its challengers as measures of happiness" Emerald Group Publishing Limited, 10/2006.
  • Ivancevich, J. M., "Human Resource Management" sixth edition, Irwin, 1995.
  • "Journal of Economic Studies", Hansen, P., Knowles, S., "Human capital and returns to scale" Emerald Group Publishing Limited, 2/1998.
  • "Journal of Intellectual Capital", Nerdrum, L., Erikson, T., "Intellectual capital: a human capital perspective" Emerald Group Publishing Limited, 2/2001.
  • "Journal of Intellectual Capital", Romer, P. M., "Economic growth" Emerald Group Publishing Limited, 1/2004.
  • Lauc, A., "Metodologija društvenih znanosti" Sveučilište J. J. Strossmayera u Osijeku, Pravni fakultet Osijek, 2001.
  • Milkovich, G. T., Boudreau, J. W., "Human Resource Management" sixth edition, Irwin, Boston, 1991.
  • Milkovich, G. T., Boudreau, J. W., "Personnel/Human Resource Management" Fifth edition, Business Publications, Inc., Plano, Texas, 1988.
  • Nadler, L., Nadler, Z., "Developing Human Resources" Third edition, Jossey-Bass Publishers, San Francisco, Oxford, 1991.
  • Nikolovska, N., Sundać, D., "Globalization and economic downfall of countries in transition" Magor, Skoplje, 2002.
  • Spicker, P., "Poverty and Social Security: Concepts and Principles" Routledge, London and New York, 1993.
  • "The World Bank Research Department", Almeida, R., "Local Economic Structure and Growth" International Economics Department, Commodity Policy and Analysis Unit, 08/2005.
  • Walker, J. W., "Human Resource Strategy" McGraw-Hill, Inc., 1992.
Document Type
Publication order reference
YADDA identifier
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.