Investing in human capital to boost growth!

Arbeitspapier

The Italian economy performs well below the EU average. The reason is a dramatic and persistent low rate of investment, always invoked but never supported by national and supra-national institutions. However, investment to increase the quantity and quality of human capital is key to boost economic growth and cannot be achieved without adequate financial resources. At the same time, the educational system needs to relaunch university reforms (including the Gelmini and 3+2 reforms) which have been unsuccessful so far because they were poorly implemented. Last but not least, more and better ties between the educational system and the labor market should be developed as soon as possible.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: GLO Discussion Paper ; No. 144

Classification and Topics

• Classification: Wirtschaft ; Investment; Capital; Intangible Capital; Capacity ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock ; Education and Economic Development ; Education: Government Policy ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Subject: Public Investment ; Aggregate Human capital ; Economic Growth ; Educational Reforms ; 3+2 University Reform

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Caroleo, Floro Ernesto ; Pastore, Francesco
• Event: Veröffentlichung
• (who): Global Labor Organization (GLO)
• (where): Maastricht
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/171281