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The economics of human development: ‘investing in children’ or ‘children as an investment’? And why it matters

dc.contributor.authorFernandes, Liliana
dc.date.accessioned2024-09-18T15:20:57Z
dc.date.available2024-09-18T15:20:57Z
dc.date.issued2024-08-09
dc.description.abstractTraditional Human Capital Theory (HCT) views ‘children as an investment’ and is concerned with how children can be turned into productive members of society. The Economics of Human Development (EHD) grew out of the HCT but positions itself closer to the Capability Approach (CA), where ‘investing in children’ means a social commitment to children's human development. The purpose of this article is to critically analyse the EHD and its actual positioning. It concludes that the EHD's approach is essentially the same as that of the HCT, paying attention to children insofar as they are the future adult workforce. Although having appropriated the terminology of the CA, the EHD reduces social problems to economic problems, ultimately promoting a social policy that puts economic returns ahead of human development.pt_PT
dc.description.versioninfo:eu-repo/semantics/acceptedVersionpt_PT
dc.identifier.doi10.1177/14639491241268126pt_PT
dc.identifier.eid85200970963
dc.identifier.issn1463-9491
dc.identifier.urihttp://hdl.handle.net/10400.14/46594
dc.identifier.wos001287280800001
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectChildrenpt_PT
dc.subjectHuman capabilitiespt_PT
dc.subjectHuman capitalpt_PT
dc.subjectHuman developmentpt_PT
dc.subjectSocial policypt_PT
dc.titleThe economics of human development: ‘investing in children’ or ‘children as an investment’? And why it matterspt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.titleContemporary Issues in Early Childhoodpt_PT
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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