Sapping Human Capital Investment: The Impact of Structural Adjustment Programs on African Human Development Policies

2002 ◽  
Vol 20 (1) ◽  
pp. 5-27 ◽  
Author(s):  
Macleans A Geo-JaJa ◽  
Garth Mangum
2017 ◽  
Vol 3 (1) ◽  
pp. 39-46
Author(s):  
Mariam Abbas Soharwardi ◽  
Hina Ali ◽  
Mujahid Ali

Purpose: In developing countries foreign lending becomes a problem now a day instead of spend this lending for the development purposes. Ultimately this problem causes poverty in these countries where usage of foreign lending is not in proper ways. The purpose of this study is to investigate the impact of IMF and World Bank lending on poverty in Pakistan, India and Bhutan. In this study corruption, GDP, unemployment, secondary enrolment, and external debt are used as independent variables and poverty headcount ratio as dependent variable. Study finds out the relationship of corruption, unemployment and external debts with poverty and showing the positive relationship while secondary enrolment and GDP showing negative relation with poverty. Moreover study finds out that lending of IMF and WORLD BANK mostly causes poverty in these developing countries instead of reducing poverty because of corrupt government's weak policies for the distribution of loans. It is examined that the countries with strong policies and non-corrupt government can take full advantage of these lending for poverty reduction. But it is noticed that the countries which are the members of IMF structural adjustment programs are facing more poverty problems as compare to those countries which are not involved in these programs or even have less numbers of lending. Those countries are much better than the countries involve in structural adjustment programs.


2016 ◽  
Vol 8 (2) ◽  
pp. 159
Author(s):  
Henry Kerich

<p>Like most other countries in developing countries, Kenya faces economic challenges as it tries to stabilize its balance of payments, reduce external debts and curb high unemployment rates.  Structural adjustment programs (SAPs) are defined as economic programs mainly set for developing countries supported by the Bretton Woods institutions since the beginning of 1980s. As a result of prolonged balance of payments deficits, high unemployment rates and high debts, brought about by poor economic performance, the country has turned to International Monetary Fund for credit assistance. This research sought to examine if there was a relationship between structural adjustment programs and economic performance in Kenya. The results in this study revealed a significant correlation between IMF structural adjustment programs and economic performance in Kenya. The findings showed that the three dependent variables analyzed notably, balance of payments, debts, and unemployment showed a strong correlation with IMF structural adjustment programs.</p>


2021 ◽  
Vol 2 (2) ◽  
pp. 161-192
Author(s):  
Samina Siddique ◽  
Zafar Mahmood ◽  
Shabana Noureen

With the growth of services economy worldwide, it has become essential for policymakers to comprehend the export competitiveness of nations to identify offshore export locations or alternatively offer their own sites as an exporting location. Human capital investment is considered as a key component in attracting foreign countries for outsourcing purposes. Earlier studies have shown mixed role of human capital investment on off shoring activities. This study assesses the effects of control variables (business environment, wages and IT infrastructure) and human capital investment on export of goods and services from the selected Asian outsourcing countries. Panel Estimated Generalized Least Square (EGLS) technique is used with country weights to specifically overcome the problem of autocorrelation. Empirical findings show that investment in human capital is significant for both goods and services exports. We found a large impact of human capital investment on exports of goods and services in selected Asian countries as compared to selected developed countries. Empirical findings further suggest that human capital is more essential for export of goods than export of services. From these findings, the study draws important implications for policymaking in countries who intend to offer themselves as an attractive location for exporting and for those who intend to locate their production activities overseas.


2018 ◽  
Vol 19 (4) ◽  
pp. 609-629
Author(s):  
Yongliang Zhao ◽  
Weihua Ruan ◽  
Yonghong Jiang ◽  
Junnan Rao

This paper aims to study the impact of salesperson human capital investment on the export performance of heterogeneous enterprises in China. To distinguish the different effects on the staff level and the management level, we define the human capital investment for the overall salespersons as human capital investment I and the human capital investment for the sales managers as human capital investment II, respectively measured by the salary of the ordinary salespersons and the ratio of expenses to sales. We find that human capital investment I has a significant positive effect on export performance, while human capital investment II shows a “positive U-shaped” relationship with export performance. Considering the heterogeneity of enterprise, the positive effect of human capital investment I is more significant than that of human capital investment II in enterprises with high R&D intensity. Moreover, with the improvement of technology intensity, both the promotion of human capital investment I and human capital investment II would generate greater influence on export performance.


The role of human capital and, more specifically, the role of on the job training, has been widely analysed in the economic literature. Moreover, in the field of hospitality and tourism some studies focus on the relationship between training and hotel performance. This paper goes beyond this goal. It analyses the role of training on the hotel occupancy but, furthermore, it measures the impact of this human capital investment on the growth of a region, measured in terms of production, added value and employment. It combines both, microeconomic data from a database of two hundred hotels and the macro perspective of the Balearic Input-Output table, allowing measurement of the positive externalities that human capital investment in the hotel sector generates through the rest of the economy. Results show a positive and significant impact on potential growth and employment that goes beyond the strictly tourism-related sectors. In terms of policy recommendations, this work gives meaning to the promotion of public policies encouraging training practices at hotel level.


Sign in / Sign up

Export Citation Format

Share Document