Human Capital, Economic Growth and Poverty Reduction Nexus: Why Investment in Free Compulsory Universal Education Matters for Africa
Abstract
This study uses a quantitative correlational design model to investigate the effects of human capital and economic growth on poverty reduction. The study sampled and analyzed 140 countries’ data from United Nations Human Development Index report, 2010 to 2018. Comparing data from Africa, Europe and Asia, the study found that human capital had a positive effect on economic growth, while economic growth had a negative effect on poverty. The study argues that poverty reduction in Africa matters in creating sustainable global futures and recommends investment into free universal pre-tertiary education as a strategy to combat poverty.
https://doi.org/10.26803/ijhss.13.2.3
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