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Human Resources Development: A Paradigm Shift?

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  • Corner, Lorraine

Abstract

A paradigm shift is taking place in contemporary understanding of the role of human resources in development. Support for the supply-sided human capital model rests on the proposition, not yet established empirically, that it leads to more rapid rates of development than alternative approaches. The human resources development strategy stresses that human resources are both producers and the intended beneficiaries of development. It thus focuses on the achievement of human development directly, as well as indirectly through investment in human capital, and emphasises the role of rewarded economic activity and demand in successful implementation of human resources development. Important policy implications of the new HRD-based paradigm are discussed.

Suggested Citation

  • Corner, Lorraine, 1993. "Human Resources Development: A Paradigm Shift?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 61(02), August.
  • Handle: RePEc:ags:remaae:9587
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    References listed on IDEAS

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    1. Folbre, Nancy, 1986. "Hearts and spades: Paradigms of household economics," World Development, Elsevier, vol. 14(2), pages 245-255, February.
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    Keywords

    Labor and Human Capital;

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