Labor Standards, Human Capital and Economic Development

This paper discusses the nature and importance of human capital. It presents an overview of human capital-labor standards linkages and the rationale for making core international labor standards a part of the rules governing the global economy and evaluates some of the criticisms of those rationales. The paper concludes with an elaboration of the human capital-labor standards linkages.

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Published:2005
Classification:Labour
AuthorsRay Marshall (Economic Policy Institute)
Other bibliographical information:Economic Policy Institute working paper No. 271