ERIC Number: ED268375
Record Type: RIE
Publication Date: 1986
Reference Count: 0
Developing Human Capital. Information Series No. 306.
Parnes, Herbert S.
This policy paper explores the nature and significance of human capital development. Its intended audience includes policymakers, students and researchers, and citizens who bear the ultimate responsibility for public policy. An introductory section defines human capital broadly to include all productive capacities acquired at some cost and emphasizes the diversity of the processes that develop such capacities. The remainder of the paper focuses exclusively on educational and training processes that contribute to preparation for work. Section 2 is a descriptive inventory of the extent and nature of such processes. Four major categories of institutions that play a role in these processes are described: formal preschool programs, regular education, adult education and training, and federally financed employment and training programs. Section 3 reports the best available evidence on the effectiveness of four major systems of human capital development: Head Start, public primary and secondary education, federally financed employment and training programs for economically disadvantaged persons, and training for dislocated workers. Section 4 presents recommendations for public policy: increasing human resource flexibility, expanding compensatory preschool education, increasing the Federal role in primary and secondary education, expanding employment and training programs, and attaining efficiency and equity in social policy. Seven pages of references conclude the report. (YLB)
Descriptors: Adult Education, Adult Programs, Compensatory Education, Dislocated Workers, Education Work Relationship, Elementary Secondary Education, Employment Programs, Federal Aid, Federal Government, Federal Programs, Government Role, Government School Relationship, Human Capital, Job Training, Labor Force Development, Policy Formation, Preschool Education, Program Effectiveness, Public Policy
National Center Publications, Box F, National Center for Research in Vocational Education, 1960 Kenny Road, Columbus, OH 43210-1090 (Order No. IN306--$5.50).
Publication Type: Opinion Papers
Education Level: N/A
Audience: Policymakers; Researchers; Community
Sponsor: Office of Vocational and Adult Education (ED), Washington, DC.
Authoring Institution: Ohio State Univ., Columbus. National Center for Research in Vocational Education.