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Document Number: 5429 The Well-Being of Nations: The Role of Human and Social Capital - This international study focuses on the correlation between human capital – the knowledge and skills derived from education, training and experience – and national well-being: economic growth, better health, lower crime, political and community participation, and social cohesion. The study found, for example, that one extra year of education leads – on average and in the long run – to an increase in output per capita of 4% to 7%. (Organisation for Economic Co-operation and Development, 2001)
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Related Issues Economic/Workforce Development
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