Human Capital Development: Its Implications to Poverty Alleviation
Abstract
This study examined how human capital development relates to poverty alleviation. Specifically, it analyzed trends in basic and tertiary education in consonance with the prevailing poverty incidence in the country, examined whether the human capital production in the poor regions of Luzon, Visayas and Mindanao complemented with the regional development agenda of the local government, and formulated the implications of poverty alleviation to human capital development. Results showed a strong relationship between the drop-out rates in basic education and the poverty incidence in the different regions of the country signifying that poverty mitigation is a crucial element of human development. It was also found that the alignment of regional development frameworks with the program offerings at the tertiary level as well as the LGUs’ provision of job opportunities for college and university graduates are important determinants of poverty alleviation.
Keywords:
Human Capital Development, Poverty Alleviation, Education
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Current TVET Data and Related Statistics 2005-2009. Technical Education and Skills Development Authority, March 21, 2010. TVET
De la Cruz, R. (2013). Schools do matter on employability of graduates. Retrieved May 22, 2013, from http://www.science. ph/full_story.php?type=News&key =8625:schools-do-matter-n-employability-of-graduates.
Di Gropello, E., & Sakellariou, C. (2010). Industry and skill wage premiums in Asia. World Bank.
Economic globalization and regional disparities in the Philippines. Retrieved from http://onlinelibrary. wiley.com/doi/ 10.1111/j.1467-9493.2010.00405.x/full.
Fadel, C. (2010). 21st century skills: How can you prepare students for the new Global Economy? British Council.
FLEMMS Final Table. (2003). Retrieved November 29, 2011, from file:///D:files_/ mydocu_/Downloads/Reasons-for-not- attending-school.htm. GDP of the Philippines. Retrieved from http://www.tradechakra.com/economy/ philippines/gdp-of-philippines-232.php. Human capital development: America’s greatest challenge. Retrieved from http:// www.cgp. upenn.edu/pdf/Human%20Capital%20 Development.pdf.
Human resource development and poverty in the Philippines. Retrieved from http:// dirp4.pids.gov.ph/ris/dps/pidsdps 0517.pdf.
Human capital theory: Implications for educational development. Euro Journals.Retrieved from http://www.euro journals.com/ejsr_24_ 2_01. pdf.
International Labour Organization press conference to spotlight child labour in the Philippines. (2011). ILO. Retrieved November 29,2011, from http:// www.ilo.org/manila/info/public/pr/ WCMS_153901/lang—en/ind.
Le Thi Ai Lam. (2005). Human capital development. ADB. Retrieved from http://www. adb.org/documents/working - papers/2010/economics-wp225.pdf.
Marimutu, M., Arokiasamy, L, & Ismail, M. (n.d.). Human capital development and its impact on firm performance: Evidence from developmental economics. Retrieved from http://www.sosyalar astirmalar.com/cilt2/sayi8pdf/marimuthu_arokia samy_ismail.pdf.
Nava, F.J.G. (2009). Factors in school leaving: Variations across gender groups, school levels and locations. Retrieved on December 29, 2011, from http://journals. upd.edu.phh/edg/article/viewFile/2019/ 1914.
Nolan, A. (2009). Human capital: Assessment framework and indicators for the investment reform index 2009. OECD. Retrieved February 21, 2011, from http:www.oecd.org/dataoecd/47/16/ 41020226.pdf.
Olaniyan, D.A., & Okemakinde, T. (2008). Human capital development: Implications for educational development. European Journal of Scientific Research. Retrieved on March 22, 2011, from http://www. eurojournals.com/ejrs.html.
Philippine poverty situationer. Retrieved March 22, 2011, from http://www.slide share.net/ldelacruz/philippine-poverty- situationer-2010.
Poverty in the Philippines: Causes, constraints and opportunities. Asian Development Bank. Retrieved April 12, 2011, from http://www.adb.org/Documents/Books/ Poverty-Philippines-Causes-Constraints- Opportunities/Poverty-Philippines- Causes-Constraints-Opportunities.pdf.
Reyes, C. (2001). Poverty profile of the Philippines. Retrieved March 22, 2011, from http://www3.pids.gov.ph/ris/dps/ pidsdps0040.pdf.
Reyes, C.M., & Valencia, L.E. (n.d) Poverty reduction strategy and poverty monitoring: Philippine case study. World Bank.
Salyers, F., & McKee, C. (n.d.). The young adolescent learner. Retrieved on October 15, 2012, from http://www.learner.org/ workshops/mddlewriting/mages/pdf/ W1ReadAd Learn.pdf.
Son, H.H. (n.d.). Has inflation hurt the poor? Regional analysis in the Philippines.
Published
2017-06-19
Section
Articles
Copyright (c) 2017 Asia Pacific Journal of Social and Behavioral Sciences
Copyright holder is the Bukidnon State University.
