ERIC - The Well-Being of Nations: The Role of Human and Social Capita... http://eric.ed.gov/?

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The Well-Being of Nations: The Role of Human and ERIC Number: ED453111
Social Capital. Education and Skills.
Record Type: RIE
Healy, Tom; Cote, Sylvain Publication Date: 2001

Pages: 120
In a rapidly changing world, the success of nations, communities, and
individuals may be linked, more than ever before, to how they adapt to Abstractor: N/A
change, learn, and share knowledge. This report helps clarify the Reference Count: N/A
concepts of human and social capital and evaluates their impact on
ISBN: ISBN-92-64-18589-5
economic growth and well being. Although the evidence on social capital
is less developed, reflecting the novelty of the concept in economic and ISSN: N/A
social science, the report draws on a number of empirical studies which
suggest potentially important correlations between human and social
capital. The evidence suggests that human and social capital can be of
key importance in contributing to a wide range of positive outcomes,
including higher income, life satisfaction, and social cohesion. Although
there is no evidence for systematic "under-investment" in either human or
social capital, concerns are expressed about the distribution and quality
of each form of capital and how this might impact future well being. This
report finds that there is limited scope for public policy to change the
quality, stock, and distribution of human and social capital in the short
term. However, a number of areas are discussed in which public, private,
and voluntary actors may leverage long-term improvements in both
human and social capital. Appendices are: "Some Measures of
Well-being"; "Some Trends in the Social and Economic Environments";
"Determinants of School Attainment: The Research Evidence"; "The
Impact of Human Capital on Economic Growth: Some Major Studies";
and "Are Trust and Civic Engagement Declining in OECD Countries?"
(Contains 13 pages of references.) (BT)

Descriptors: Developed Nations, Developing Nations, Economic Progress, Foreign

Countries, Role of Education, Social Science Research, Well Being

Organisation for Economic Cooperation and Development, 2 rue Andre Pascal,

F-75775 Paris Cedex 16, France ($25); Tel: +33 1-45-24-82-00; Web site:
http://www.oecd.org; Web site: http://www.oecdwash.org/PUBS/pubshome.htm.

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ERIC - The Well-Being of Nations: The Role of Human and Social Capita... http://eric.ed.gov/?id=ED453111

Publication Type: Reports - Evaluative

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: Organisation for Economic Cooperation and Development, Paris (France). Centre for Educational Research and
Innovation.

Identifiers: Empirical Research; Globalization; Human Capital Theory; Knowledge Acquisition; Social Capital

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