The Impact of Human Capital on Economic Growth

Does insurance‐growth nexus hold for Malaysia?

“…The results make economic sense as an increase in insurance activity will lead to higher amounts of capital available for investment and economic growth will be positively affected. Similarly, skilled labour is more productive and contributes more to economic growth as compared to uneducated workers (Galor and Tsiddon 1997;Pelinescu 2015). A 1 per cent increase in industrial production increases economic growth by 3.55 per cent.…”

Mineral resources endowment and economic growth in Southern African countries

“…The theoretical framework of this study is based on the strategic tripod of the dependency schools, the modernisation schools, and the integrative schools. This strategic tripod integrates the two traditional schools of development thinking the dependency and modernisation schools into the integrative schools (Adelakun, 2011;Pelinescu, 2015). However, this study is rooted in the integrative school, as developed further through the FDI Fitness theory.…”

“…Consequently, contrary to the earlier description of Africa as a 'forgotten continent', the rate of foreign direct investment (FDI) inflow to many South African mining sector has accelerated in the last two decades (Muhammad-Yakubu and Jelilov, 2015;Jelilov, 2015Jelilov, , 2016Aregbesola, 2014;UNCTAD, 2013). FDI inflows in the mining sector also serves as one of the most important sources of knowledge transfers, growth in productivity and economic growth (Pelinescu, 2015;Mankiw et al, 1992). Today, researchers and practitioners also agree that strategic mineral resources can be a veritable source of competitive advantage (UNCTAD, 2015).…”

“…With a total membership of 15 countries (Angola, Botswana, the Democratic Republic of the Congo, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia, and Zimbabwe), the SADC as a whole constitutes about 37% of Africa's total gross domestic product (GDP) during 2003 to 2012 (UNCTAD, 2015). It is an organisation that strives for regional integration to promote economic growth, security and peace in southern Africa (Abdulrahman et al, 2015;Anyanwu and Yameogo, 2015;Pelinescu, 2015). Since its inception, the SADC has formulated policies and strategies for regional integration in support of sustained economic growth and development in the region with the expected economic benefits of increased market size, improved intra-regional trade, and investment flows (World Bank, 2015;WEF, 2014).…”

The Effect of International Financial Reporting Standards on the Association between Foreign Direct Investment and Economic Growth: Evidence from Selected Countries in Africa

“…However, the growth of economies depends on some economic factors. Several factors such as physical and human capital (Baudino, 2016;Ogundari & Awokuse, 2018;Pelinescu, 2015;Su & Liu, 2016), social capital (Thompson, 2018), financial development (Combes, Kinda, Ouedraogo, & Plane, 2019;Wang et al, 2019;Yang, 2019) have been identified to have potential influence on the growth of an economy. FDI is also a vital tool which enhances economic growth of countries (Jinadu, Ojeka, & Ogundana, 2016;Johnson, Vu, & Im, 2016).…”