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Human Capital Policy

The Human Capital Policy Research Programme delves into the critical intersection of education, health, and labour policies with economic growth and productivity. Human capital refers to the stock of skills, knowledge, experience, and health that individuals possess, which contribute to their productivity and capacity for innovation. Effective human capital development is crucial for economic growth, optimal labour market outcomes, long-term prosperity and competitiveness. Some key questions this research programme is interested in answering include:

  • Human Capital Investment: How do investment in education and healthcare enhance economic growth, and what are the economic costs of poor educational and health outcomes?
  • Funding strategies: How do different funding and financing strategies affect behaviour and outcomes?
  • Quality of service delivery: How does the allocation of resources affect the quality of education and health?
  • Equity: Are resources allocated equitably and how does this impact human capital growth, and therefore, economic growth and productivity?
  • Technical Efficiency: What are the most significant constraints to maximising educational and health outcomes within a given resource envelope?
  • Labour markets: What are the major drivers of unemployment? How can policy improve labour market outcomes?

Human Capital Policy Research Programme Fellows

This research programme is supported by the following ERSA Research Fellows (more coming soon):

Biniam E. Bedasso
Biniam Bedasso is a Research Fellow at ERSA and at the global education team at CGD.  He has an eclectic research and policy analysis background spanning the economics of education, political economy, migration and public finance. Prior to joining CGD, Bedasso worked for the Collaborative Africa ...
Eleni Yitbarek
Dr. Eleni Yitbarek is a senior lecturer at the University of Pretoria, a junior fellow at the Pan-African Scientific Research Council, and a research fellow of PEP (The Partnership for Economic Policy). She obtained her PhD in Development Economics from Maastricht University in the Netherlands. S...
Steven F. Koch
Professor Steven Koch is currently a fellow of the Econometrics Society and serves on the Africa Region Standing Committee of the Econometrics Society. He is member of University of Pretoria Research and Postgraduate Committee of Senate and Economic Society of South Africa Council and was the Dir...

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